£217,667
This estimated value is based upon the latest sale price for the house of £119,900 on 7 Dec 2005. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £119,900 | 7 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2005 the House Price Index for REDCAR AND CLEVELAND was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £119,900 results in an estimated price of approximately £217,667.
| 7 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 149.7 | 81.541 % | £119,900 | £97,767 | £217,667 |
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 | 63.324 % | £75,925 | £195,825 |
| 3 Month Average | 54.252 % | £65,048 | £184,948 |
| 6 Month Average | 35.487 % | £42,548 | £162,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £82,536 | £80,000 | 2 ALLISON STREET |
| 27 Nov 2023 | £133,386 | £130,000 | 83 PARK LANE |
| 1 Jun 2023 | £102,045 | £100,000 | 36 GROSVENOR PLACE |
| 14 Apr 2023 | £104,454 | £102,500 | 140 WESTGATE |
| 18 Aug 2022 | £101,474 | £101,000 | 49 ALLISON STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Aug 2014. Using an estimated price of £217,668 means this house is valued at £2,591 per sq meter (£240 per sq foot).
The average size of a house on GROSVENOR PLACE is 101 sq meters (1,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Cleveland Street | |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cleveland Street |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cleveland Street |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cleveland Street |
| Oct 2024 | Drugs | Local resolution | On or near Allison Street |