£333,039
This estimated value is based upon the latest sale price for the house of £212,995 on 20 Dec 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 |
|---|---|
| £212,995 | 20 Dec 2007 |
| Detached |
| Freehold |
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 2007 the House Price Index for REDCAR AND CLEVELAND was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £212,995 results in an estimated price of approximately £333,039.
| 20 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £212,995 | £120,044 | £333,039 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | 5.643 % | £12,019 | £225,014 |
| 3 Month Average | 41.296 % | £87,958 | £300,953 |
| 6 Month Average | 29.712 % | £63,284 | £276,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £148,268 | £145,000 | 11 CRAGSIDE |
| 12 Nov 2021 | £149,809 | £137,500 | 14 THE FORGE |
| 14 Sep 2021 | £141,124 | £130,000 | 121 HIGH STREET |
| 27 Nov 2020 | £204,330 | £174,950 | 22 THE FORGE |
| 3 Nov 2020 | £221,324 | £189,500 | 24 THE FORGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near The Forge |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near The Forge |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Mcclean Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mcclean Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mcclean Road |