£297,559
This estimated value is based upon the latest sale price for the house of £160,000 on 29 Jun 2005. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £160,000 | 29 Jun 2005 |
| £119,000 | 29 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2005 the House Price Index for REDCAR AND CLEVELAND was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £160,000 results in an estimated price of approximately £297,559.
| 29 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £160,000 | £137,559 | £297,559 |
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 | 64.482 % | £103,171 | £263,171 |
| 3 Month Average | 54.140 % | £86,623 | £246,623 |
| 6 Month Average | 42.679 % | £68,287 | £228,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2023 | £123,055 | £121,000 | 9 BELMONT TERRACE |
| 3 Feb 2023 | £135,908 | £135,000 | 20 BANK STREET |
| 18 Jan 2023 | £135,362 | £135,000 | 4 BANK STREET |
| 4 Mar 2022 | £135,711 | £130,000 | 6 BANK STREET |
| 9 Feb 2022 | £110,928 | £105,000 | 64 BELMANGATE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 11 Jan 2019. Using an estimated price of £297,560 means this house is valued at £3,585 per sq meter (£333 per sq foot).
The average size of a house on BELMANGATE is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmangate |
| Jul 2024 | Robbery | Unable to prosecute suspect | On or near Rockwood Close |
| Aug 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Belmangate |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Belmangate |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Street |