£138,178
This estimated value is based upon the latest sale price for the house of £40,000 on 1 Mar 2001. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £40,000 | 1 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 March 2001 the House Price Index for REDCAR AND CLEVELAND was 42.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 245.446%.Applying this 245.446% change to the original purchase price of £40,000 results in an estimated price of approximately £138,178.
| 1 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £40,000 | £98,178 | £138,178 |
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 | 150.676 % | £60,270 | £100,270 |
| 3 Month Average | 127.381 % | £50,952 | £90,952 |
| 6 Month Average | 169.750 % | £67,899 | £107,899 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 28 Mar 2014.
The average size of a house on SPENCER ROAD is 89 sq meters (967 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Spencer Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spencer Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Spencer Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Spencer Road |
| Dec 2023 | Anti-social behaviour | On or near Spencer Road |