£158,953
This estimated value is based upon the latest sale price for the house of £126,500 on 25 May 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 |
|---|---|
| £126,500 | 25 May 2018 |
| £55,000 | 20 Jun 2002 |
| 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 May 2018 the House Price Index for REDCAR AND CLEVELAND was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £126,500 results in an estimated price of approximately £158,953.
| 25 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £126,500 | £32,453 | £158,953 |
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 | 3.782 % | £4,784 | £131,284 |
| 3 Month Average | 19.504 % | £24,673 | £151,173 |
| 6 Month Average | 23.087 % | £29,205 | £155,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £275,392 | £273,000 | 164 WINDY HILL LANE |
| 22 Mar 2024 | £152,341 | £150,000 | 27 HAMBLETON CRESCENT |
| 20 Oct 2023 | £145,812 | £142,500 | 16 HAMBLETON CRESCENT |
| 29 Sep 2023 | £178,945 | £175,000 | 24 HOWARD DRIVE |
| 30 Aug 2023 | £196,036 | £192,500 | 136 WINDY HILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Loraine Close |
| Oct 2024 | Other theft | Under investigation | On or near Hambleton Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hambleton Crescent |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Hambleton Crescent |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Mordales Drive |