£348,896
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Aug 2018. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £280,000 | 30 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 August 2018 the House Price Index for REDCAR AND CLEVELAND was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £280,000 results in an estimated price of approximately £348,896.
| 30 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £280,000 | £68,896 | £348,896 |
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 | 17.582 % | £49,229 | £329,229 |
| 3 Month Average | 15.340 % | £42,951 | £322,951 |
| 6 Month Average | 10.197 % | £28,550 | £308,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £230,178 | £224,950 | 2 SHOREHAM CLOSE |
| 22 Aug 2023 | £407,347 | £400,000 | 1 COQUET CLOSE |
| 13 Jul 2022 | £265,157 | £262,500 | 34 WHITE STONE CLOSE |
| 16 May 2022 | £258,741 | £252,000 | 5 BRACKENBERRY CRESCENT |
| 3 May 2022 | £420,967 | £410,000 | 60 BRACKENBERRY CRESCENT |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 5 Jun 2018. Using an estimated price of £348,897 means this house is valued at £1,826 per sq meter (£169 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Druridge Grove | |
| Jul 2024 | Anti-social behaviour | On or near Druridge Grove | |
| Jul 2024 | Anti-social behaviour | On or near Druridge Grove | |
| Jul 2024 | Anti-social behaviour | On or near Druridge Grove | |
| Oct 2024 | Anti-social behaviour | On or near Holyhead Drive |