£141,329
This estimated value is based upon the latest sale price for the house of £117,000 on 18 Aug 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 |
---|---|
£117,000 | 18 Aug 2020 |
£120,000 | 14 Aug 2020 |
£115,000 | 21 Oct 2016 |
£120,000 | 21 Oct 2016 |
£120,000 | 11 May 2012 |
£39,000 | 22 Jul 1998 |
Semi-Detached |
Freehold |
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 2020 the House Price Index for REDCAR AND CLEVELAND was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £117,000 results in an estimated price of approximately £141,329.
18 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £117,000 | £24,329 | £141,329 |
The Postcode Pricing Model uses changes in average sales price within the TS11 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 | -49.830 % | £-58,301 | £58,698 |
3 Month Average | 20.523 % | £24,011 | £141,011 |
6 Month Average | 36.376 % | £42,559 | £159,559 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £185,107 | £183,500 | 38 BYDALES DRIVE |
5 Mar 2024 | £198,043 | £195,000 | 2 FITZWILLIAM CLOSE |
24 Nov 2023 | £120,047 | £117,000 | 5 ZETLAND ROAD |
9 Nov 2023 | £189,818 | £185,000 | 23 RONALDSHAY TERRACE |
31 Jan 2023 | £295,790 | £295,000 | 92 WINDY HILL LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Zetland Road |
Apr 2024 | Other theft | Under investigation | On or near Fitzwilliam Close |
Jul 2024 | Anti-social behaviour | On or near Hummershill Lane | |
Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Hummershill Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bydales Drive |