£251,666
This estimated value is based upon the latest sale price for the house of £148,000 on 22 Feb 2013. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £148,000 | 22 Feb 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 961 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 February 2013 the House Price Index for REDCAR AND CLEVELAND was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £148,000 results in an estimated price of approximately £251,666.
| 22 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £148,000 | £103,666 | £251,666 |
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 | 12.854 % | £19,024 | £167,024 |
| 3 Month Average | 23.954 % | £35,452 | £183,452 |
| 6 Month Average | 22.146 % | £32,775 | £180,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £200,000 | £200,000 | 142 CASTLE ROAD |
| 12 Apr 2024 | £173,507 | £172,000 | 126 CASTLE ROAD |
| 5 Mar 2024 | £166,559 | £164,000 | 8 SKELTON DRIVE |
| 16 Nov 2023 | £210,339 | £205,000 | 8 LUDLOW CRESCENT |
| 27 Oct 2023 | £209,764 | £205,000 | 27 WALWORTH CLOSE |
This house has a floor area of 89 sq meters or 961 sq feet when measured on 2 Mar 2011. Using an estimated price of £251,667 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on CASTLE ROAD is 67 sq meters (730 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ludlow Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walworth Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Castle Road |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Berkeley Drive |
| Oct 2024 | Anti-social behaviour | On or near Rothesay Drive |