£91,187
This estimated value is based upon the latest sale price for the house of £84,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £84,000 | 3 Sep 2021 |
| £74,000 | 12 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 September 2021 the House Price Index for REDCAR AND CLEVELAND was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £84,000 results in an estimated price of approximately £91,187.
| 3 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £84,000 | £7,187 | £91,187 |
The Postcode Pricing Model uses changes in average sales price within the TS14 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 | 26.328 % | £22,115 | £106,115 |
| 3 Month Average | 23.303 % | £19,574 | £103,574 |
| 6 Month Average | 7.394 % | £6,211 | £90,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £100,876 | £100,000 | 2 SOMERSET ROAD |
| 10 Nov 2023 | £210,339 | £205,000 | 140 THAMES AVENUE |
| 6 Oct 2023 | £107,440 | £105,000 | 7 FARNE WALK |
| 25 Aug 2023 | £132,388 | £130,000 | 4 DEVON ROAD |
| 3 Feb 2023 | £276,849 | £275,000 | 89 THAMES AVENUE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 18 Jun 2014. Using an estimated price of £91,188 means this house is valued at £706 per sq meter (£65 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lincoln Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincoln Road |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hutton Lane Shops |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hutton Lane Shops |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Devon Road |