£376,327
This estimated value is based upon the latest sale price for the house of £230,000 on 25 Oct 2013. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £230,000 | 25 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 sq feet |
This model uses changes in the Official Land Registry House Price Index for REDCAR AND CLEVELAND to estimate the market value.
When this house was purchased in October 2013 the House Price Index for REDCAR AND CLEVELAND was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £230,000 results in an estimated price of approximately £376,327.
| 25 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £230,000 | £146,327 | £376,327 |
The Postcode Pricing Model uses changes in average sales price within the TS10 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 28.310 % | £65,113 | £295,113 |
| 3 Month Average | 19.555 % | £44,975 | £274,975 |
| 6 Month Average | 13.596 % | £31,270 | £261,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £162,072 | £160,000 | 2 GOODWIN CLOSE |
| 12 Sep 2023 | £157,007 | £155,000 | 22 MAPLETON CRESCENT |
| 18 Aug 2023 | £166,456 | £165,000 | 8 GOODWIN CLOSE |
| 24 Mar 2023 | £120,132 | £119,000 | 6 MALIN GROVE |
| 24 Mar 2023 | £187,769 | £186,000 | 19 EAST LODGE GARDENS |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 3 Aug 2013. Using an estimated price of £376,327 means this house is valued at £3,059 per sq meter (£284 per sq foot).
The average size of a house on PLANTATION ROAD is 156 sq meters (1,688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near East Lodge Gardens | |
| Mar 2024 | Anti-social behaviour | On or near East Lodge Gardens |