£149,125
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Dec 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 |
---|---|
£120,000 | 17 Dec 2018 |
£124,000 | 8 Nov 2013 |
£123,000 | 30 Jun 2006 |
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 December 2018 the House Price Index for REDCAR AND CLEVELAND was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £120,000 results in an estimated price of approximately £149,125.
17 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £120,000 | £29,125 | £149,125 |
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 | 23.917 % | £28,700 | £148,700 |
3 Month Average | 16.589 % | £19,906 | £139,906 |
6 Month Average | 27.691 % | £33,229 | £153,229 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £225,000 | £225,000 | 2 NORTHFIELD ROAD |
30 Jun 2023 | £180,620 | £177,000 | 7 EASTFIELD ROAD |
20 Mar 2023 | £148,480 | £146,000 | 11 WESTFIELD ROAD |
19 Aug 2022 | £140,658 | £140,000 | 149 REDCAR ROAD |
17 Jan 2022 | £196,137 | £185,000 | 8 HIGHFIELD ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shopping Area |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northfield Road |
Oct 2024 | Anti-social behaviour | On or near Lysander Close | |
Oct 2024 | Anti-social behaviour | On or near Cleveland View | |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Cleveland View |