£322,321
This estimated value is based upon the latest sale price for the house of £195,000 on 9 Jul 2007. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£195,000 | 9 Jul 2007 |
£67,000 | 30 Jul 1999 |
Terraced |
Freehold |
Floor Area: 251 sq meters or 2,708 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 July 2007 the House Price Index for REDCAR AND CLEVELAND was 63.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 65.293%.Applying this 65.293% change to the original purchase price of £195,000 results in an estimated price of approximately £322,321.
9 Jul 2007 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.1 | 104.3 | 65.293 % | £195,000 | £127,321 | £322,321 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | -16.862 % | £-32,881 | £162,118 |
3 Month Average | 16.993 % | £33,136 | £228,136 |
6 Month Average | 26.073 % | £50,842 | £245,842 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Feb 2025 | £154,876 | £152,500 | FLAT 1 38 - 38A PEARL STREET |
27 Jan 2025 | £431,161 | £420,000 | 39 DIAMOND STREET |
31 Oct 2024 | £119,825 | £115,000 | FLAT 2 38 - 38A PEARL STREET |
30 Aug 2024 | £253,660 | £241,500 | 20 PEARL STREET |
19 Aug 2024 | £225,826 | £215,000 | FLAT E 39 MARINE PARADE |
This house has a floor area of 251 sq meters or 2,708 sq feet when measured on 7 Feb 2009. Using an estimated price of £322,322 means this house is valued at £1,281 per sq meter (£119 per sq foot).
The average size of a house on PEARL STREET is 98 sq meters (1,064 sq feet).
This house is the largest in the street with a floor area of 251 sq meters (2,708 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Violence and sexual offences | Awaiting court outcome | On or near Pearl Street |
Feb 2025 | Violence and sexual offences | Awaiting court outcome | On or near Pearl Street |