£299,059
This estimated value is based upon the latest sale price for the house of £238,000 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 |
|---|---|
| £238,000 | 25 May 2018 |
| £145,000 | 28 May 2002 |
| £128,500 | 24 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 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 £238,000 results in an estimated price of approximately £299,059.
| 25 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £238,000 | £61,059 | £299,059 |
The Postcode Pricing Model uses changes in average sales price within the TS14 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 | 31.326 % | £74,555 | £312,555 |
| 3 Month Average | 43.159 % | £102,717 | £340,717 |
| 6 Month Average | 29.444 % | £70,077 | £308,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £317,759 | £315,000 | 8 WOODALE CLOSE |
| 2 Aug 2023 | £386,980 | £380,000 | 31 ALLERSTON WAY |
| 21 Jan 2022 | £254,448 | £240,000 | 25 HOVINGHAM DRIVE |
| 28 Oct 2021 | £378,987 | £340,000 | 45 ALLERSTON WAY |
| 17 Dec 2020 | £433,578 | £375,000 | 11 ALLERSTON WAY |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 8 Feb 2018. Using an estimated price of £299,059 means this house is valued at £2,794 per sq meter (£259 per sq foot).
The average size of a house on ALLERSTON WAY is 136 sq meters (1,466 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Allerston Way | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodale Close |
| Jul 2024 | Anti-social behaviour | On or near Police Station | |
| Jul 2024 | Anti-social behaviour | On or near Police Station | |
| Jul 2024 | Anti-social behaviour | On or near Police Station |