£145,948
This estimated value is based upon the latest sale price for the house of £123,500 on 29 Oct 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £123,500 | 29 Oct 2020 |
| £44,000 | 4 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 October 2020 the House Price Index for REDCAR AND CLEVELAND was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £123,500 results in an estimated price of approximately £145,948.
| 29 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £123,500 | £22,448 | £145,948 |
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 | 52.619 % | £64,984 | £188,484 |
| 3 Month Average | 37.140 % | £45,867 | £169,367 |
| 6 Month Average | 24.760 % | £30,578 | £154,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £188,398 | £185,000 | 30 SCARTEEN CLOSE |
| 24 Feb 2023 | £140,941 | £140,000 | 27 MEATH WAY |
| 27 Jan 2023 | £149,399 | £149,000 | 25 MEATH WAY |
| 19 Oct 2022 | £174,417 | £175,000 | 18 SCARTEEN CLOSE |
| 21 Mar 2022 | £229,665 | £220,000 | 11 BLANKNEY CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 13 Jul 2019. Using an estimated price of £145,948 means this house is valued at £2,753 per sq meter (£255 per sq foot).
The average size of a house on MEATH WAY is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Crowhurst Close |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Crowhurst Close |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Crowhurst Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blankney Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blankney Close |