£165,957
This estimated value is based upon the latest sale price for the house of £105,000 on 23 Aug 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 |
---|---|
£105,000 | 23 Aug 2007 |
£59,000 | 15 Dec 2003 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 August 2007 the House Price Index for REDCAR AND CLEVELAND was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £105,000 results in an estimated price of approximately £165,957.
23 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 149.7 | 58.054 % | £105,000 | £60,957 | £165,957 |
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 | 48.300 % | £50,715 | £155,715 |
3 Month Average | 27.955 % | £29,352 | £134,352 |
6 Month Average | 19.550 % | £20,527 | £125,527 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £99,021 | £97,500 | 23 BENNISON STREET |
24 Nov 2023 | £102,605 | £100,000 | 4 AUCKLAND STREET |
21 Nov 2023 | £112,865 | £110,000 | 7 UNION STREET |
16 Nov 2022 | £174,186 | £175,000 | 83 REDCAR ROAD |
5 Sep 2022 | £198,867 | £199,000 | 54 REDCAR ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 8 Nov 2017. Using an estimated price of £165,957 means this house is valued at £2,440 per sq meter (£226 per sq foot).
The average size of a house on AUCKLAND STREET is 85 sq meters (923 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Auckland Street |
Oct 2024 | Anti-social behaviour | On or near Redcar Road | |
Jul 2024 | Anti-social behaviour | On or near Hospital | |
Jul 2024 | Anti-social behaviour | On or near Hospital | |
Jul 2024 | Anti-social behaviour | On or near Hospital |