£163,802
This estimated value is based upon the latest sale price for the house of £135,000 on 9 Mar 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £135,000 | 9 Mar 2020 |
| £105,000 | 10 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 March 2020 the House Price Index for REDCAR AND CLEVELAND was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £135,000 results in an estimated price of approximately £163,802.
| 9 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £135,000 | £28,802 | £163,802 |
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 | 43.662 % | £58,943 | £193,943 |
| 3 Month Average | 28.071 % | £37,896 | £172,896 |
| 6 Month Average | 14.921 % | £20,143 | £155,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £315,694 | £310,000 | 10 HEYTHROP DRIVE |
| 14 Mar 2023 | £381,369 | £375,000 | 17 EGLINTON AVENUE |
| 19 Aug 2022 | £180,846 | £180,000 | 8 VINE CLOSE |
| 28 Jan 2022 | £359,937 | £339,500 | 7 HEYTHROP DRIVE |
| 30 Sep 2021 | £195,348 | £179,950 | 14 EGLINTON AVENUE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 2 Apr 2013. Using an estimated price of £163,803 means this house is valued at £2,925 per sq meter (£271 per sq foot).
The average size of a house on VINE CLOSE is 80 sq meters (869 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Robbery | Unable to prosecute suspect | On or near Rockwood Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Foxdale Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxdale Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxdale Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Street |