£147,245
This estimated value is based upon the latest sale price for the house of £117,500 on 8 Jun 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 |
|---|---|
| £117,500 | 8 Jun 2018 |
| £119,500 | 15 Mar 2013 |
| £125,000 | 29 Jun 2009 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,343 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 2018 the House Price Index for REDCAR AND CLEVELAND was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £117,500 results in an estimated price of approximately £147,245.
| 8 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £117,500 | £29,745 | £147,245 |
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 | 42.850 % | £50,349 | £167,849 |
| 3 Month Average | 21.688 % | £25,483 | £142,983 |
| 6 Month Average | 16.623 % | £19,532 | £137,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £165,706 | £161,500 | 45 COTSWOLD DRIVE |
| 28 Sep 2023 | £143,156 | £140,000 | 50 LOW FARM DRIVE |
| 29 Aug 2023 | £175,159 | £172,000 | 29 HAMBLETON AVENUE |
| 30 Jan 2023 | £196,525 | £196,000 | 32 FALMOUTH CLOSE |
| 19 Oct 2022 | £119,601 | £120,000 | 42 LOW FARM DRIVE |
This house has a floor area of 124 sq meters or 1,343 sq feet when measured on 25 Jun 2009. Using an estimated price of £147,245 means this house is valued at £1,179 per sq meter (£109 per sq foot).
The average size of a house on FALMOUTH CLOSE is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Whitehaven Court |
| Jul 2024 | Anti-social behaviour | On or near Whitehaven Court | |
| Jul 2024 | Anti-social behaviour | On or near Whitehaven Court | |
| Jul 2024 | Anti-social behaviour | On or near Whitehaven Court | |
| Jul 2024 | Anti-social behaviour | On or near Whitehaven Court |