£221,202
This estimated value is based upon the latest sale price for the house of £178,000 on 18 Dec 2018. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £178,000 | 18 Dec 2018 |
| £75,000 | 9 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 December 2018 the House Price Index for REDCAR AND CLEVELAND was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £178,000 results in an estimated price of approximately £221,202.
| 18 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £178,000 | £43,202 | £221,202 |
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 | 12.681 % | £22,572 | £200,572 |
| 3 Month Average | 6.754 % | £12,021 | £190,021 |
| 6 Month Average | 11.716 % | £20,855 | £198,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £141,226 | £140,000 | 31 CEDAR GROVE |
| 21 Mar 2024 | £116,794 | £115,000 | 23 LIME ROAD |
| 29 Nov 2023 | £110,813 | £108,000 | 38 SYCAMORE ROAD |
| 23 Nov 2023 | £92,344 | £90,000 | 34 LIME ROAD |
| 16 Oct 2023 | £127,905 | £125,000 | 15 SYCAMORE ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 22 Oct 2014. Using an estimated price of £221,202 means this house is valued at £1,675 per sq meter (£155 per sq foot).
The average size of a house on SYCAMORE ROAD is 98 sq meters (1,056 sq feet).
This house is the largest in the street with a floor area of 132 sq meters (1,420 sq feet).