£148,837
This estimated value is based upon the latest sale price for the house of £122,000 on 26 Jun 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 |
|---|---|
| £122,000 | 26 Jun 2020 |
| £89,000 | 31 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2020 the House Price Index for REDCAR AND CLEVELAND was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £122,000 results in an estimated price of approximately £148,837.
| 26 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £122,000 | £26,837 | £148,837 |
The Postcode Pricing Model uses changes in average sales price within the TS10 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 | 79.773 % | £97,322 | £219,322 |
| 3 Month Average | 18.271 % | £22,290 | £144,290 |
| 6 Month Average | 17.661 % | £21,546 | £143,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £232,133 | £225,000 | 46 KENILWORTH WAY |
| 22 Nov 2023 | £143,646 | £140,000 | 46 CASTLE ROAD |
| 3 Nov 2023 | £125,178 | £122,000 | 20 KENILWORTH WAY |
| 20 Oct 2023 | £127,905 | £125,000 | 98 CASTLE ROAD |
| 4 Oct 2023 | £122,789 | £120,000 | 80 CASTLE ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 3 Aug 2018. Using an estimated price of £148,838 means this house is valued at £2,657 per sq meter (£246 per sq foot).
The average size of a house on CASTLE ROAD is 67 sq meters (730 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Norwich Road |
| Oct 2024 | Anti-social behaviour | On or near Norwich Road | |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Castle Road |
| Oct 2024 | Anti-social behaviour | On or near Alnwick Close | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alnwick Close |