£161,451
This estimated value is based upon the latest sale price for the house of £158,000 on 30 Jun 2022. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £158,000 | 30 Jun 2022 |
| £158,000 | 30 Jun 2022 |
| £129,995 | 30 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 June 2022 the House Price Index for REDCAR AND CLEVELAND was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £158,000 results in an estimated price of approximately £161,451.
| 30 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £158,000 | £3,451 | £161,451 |
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 | 28.545 % | £45,101 | £203,101 |
| 3 Month Average | -4.284 % | £-6,768 | £151,231 |
| 6 Month Average | -0.574 % | £-907 | £157,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £102,389 | £101,500 | 49 COLLEGE GARDENS |
| 1 Dec 2023 | £247,609 | £240,000 | 19 COCHRANE GARDENS |
| 16 Jun 2023 | £158,170 | £155,000 | 15 COCHRANE GARDENS |
| 27 Feb 2023 | £186,244 | £185,000 | 57 COLLEGE GARDENS |
| 24 Nov 2022 | £268,743 | £270,000 | 5 COCHRANE GARDENS |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 31 May 2019. Using an estimated price of £161,451 means this house is valued at £2,783 per sq meter (£258 per sq foot).
The average size of a house on COCHRANE GARDENS is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Alderman Close | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alderman Close |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near William Turner Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near William Turner Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near William Turner Road |