£178,547
This estimated value is based upon the latest sale price for the house of £105,000 on 1 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 |
|---|---|
| £105,000 | 1 Feb 2013 |
| £80,000 | 10 Sep 2003 |
| £44,000 | 7 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 £105,000 results in an estimated price of approximately £178,547.
| 1 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £105,000 | £73,547 | £178,547 |
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 % | £13,497 | £118,497 |
| 3 Month Average | 23.954 % | £25,152 | £130,152 |
| 6 Month Average | 22.146 % | £23,253 | £128,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £135,000 | £135,000 | 45 CANTERBURY ROAD |
| 5 Apr 2024 | £166,445 | £165,000 | 39 RIPON ROAD |
| 22 Nov 2023 | £115,430 | £112,500 | 6 DURHAM ROAD |
| 27 Oct 2023 | £150,416 | £147,000 | 6 RIPON ROAD |
| 27 Oct 2023 | £152,463 | £149,000 | 48 RIPON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Oct 2012. Using an estimated price of £178,548 means this house is valued at £2,380 per sq meter (£221 per sq foot).
The average size of a house on RIPON ROAD is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ripon Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ripon Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canterbury Road |
| Oct 2024 | Other theft | Under investigation | On or near Canterbury Road |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Canterbury Road |