£229,131
This estimated value is based upon the latest sale price for the house of £65,000 on 30 Mar 2001. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £65,000 | 30 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 827 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 March 2001 the House Price Index for REDCAR AND CLEVELAND was 42.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 252.510%.Applying this 252.510% change to the original purchase price of £65,000 results in an estimated price of approximately £229,131.
| 30 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 149.7 | 252.510 % | £65,000 | £164,131 | £229,131 |
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 | 213.037 % | £138,474 | £203,474 |
| 3 Month Average | 205.244 % | £133,408 | £198,408 |
| 6 Month Average | 188.595 % | £122,587 | £187,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £158,375 | £157,000 | 6 FALCON WAY |
| 6 Jul 2022 | £247,480 | £245,000 | 32 NIGHTINGALE ROAD |
| 1 Jun 2022 | £378,082 | £370,000 | 17 BRANSDALE |
| 31 Mar 2022 | £94,737 | £90,750 | 20 FIELDFARE GARDENS |
| 24 Nov 2021 | £201,834 | £185,250 | 11 FALCON WAY |
This house has a floor area of 76 sq meters or 827 sq feet when measured on 21 Nov 2008. Using an estimated price of £229,132 means this house is valued at £2,979 per sq meter (£276 per sq foot).
The average size of a house on FALCON WAY is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Swallow Close | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Swallow Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swallow Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallard Close |
| Oct 2024 | Burglary | Under investigation | On or near Waxwing Close |