£97,485
This estimated value is based upon the latest sale price for the house of £60,000 on 22 Nov 2013. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Gainsborough Close
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| Price Paid | Date |
|---|---|
| £60,000 | 22 Nov 2013 |
| £66,000 | 17 Sep 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 517 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 November 2013 the House Price Index for REDCAR AND CLEVELAND was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £60,000 results in an estimated price of approximately £97,485.
| 22 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £60,000 | £37,485 | £97,485 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | -10.792 % | £-6,475 | £53,524 |
| 3 Month Average | -19.281 % | £-11,568 | £48,431 |
| 6 Month Average | 1.211 % | £726 | £60,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £284,208 | £280,000 | 8 MADDISON GROVE |
| 20 Nov 2023 | £355,260 | £350,000 | 10 MADDISON GROVE |
| 1 Apr 2022 | £82,899 | £80,500 | 22 GUILDFORD COURT |
| 29 Mar 2022 | £160,103 | £154,500 | 29 REGENCY AVENUE |
| 10 Dec 2021 | £198,205 | £185,000 | 73 REGENCY AVENUE |
This house has a floor area of 48 sq meters or 517 sq feet when measured on 29 Jun 2011. Using an estimated price of £97,485 means this house is valued at £2,027 per sq meter (£188 per sq foot).
The average size of a house on GUILDFORD COURT is 79 sq meters (858 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Gainsborough Close |
| Mar 2024 | Possession of weapons | Under investigation | On or near Gainsborough Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Gainsborough Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gainsborough Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Gainsborough Close |