£267,500
This estimated value is based upon the latest sale price for the house of £59,950 on 28 May 1999. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £59,950 | 28 May 1999 |
| Semi-Detached |
| Freehold |
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 1999 the House Price Index for REDCAR AND CLEVELAND was 33.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 346.205%.Applying this 346.205% change to the original purchase price of £59,950 results in an estimated price of approximately £267,500.
| 28 May 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 149.7 | 346.205 % | £59,950 | £207,550 | £267,500 |
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 | 284.179 % | £170,365 | £230,315 |
| 3 Month Average | 238.531 % | £142,999 | £202,949 |
| 6 Month Average | 221.251 % | £132,640 | £192,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £181,577 | £180,000 | 6 BARNARD GROVE |
| 3 Nov 2023 | £277,032 | £270,000 | 63 BOROUGH ROAD |
| 27 Oct 2023 | £223,066 | £218,000 | 5 RABY ROAD |
| 2 Jun 2023 | £280,624 | £275,000 | 121 INGS ROAD |
| 13 Apr 2023 | £229,289 | £225,000 | 9 BARNARD GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Borough Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borough Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Borough Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borough Road |
| Oct 2024 | Violence and sexual offences | On or near Redcar East (Station) |