£207,506
This estimated value is based upon the latest sale price for the house of £118,000 on 6 Nov 2009. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £118,000 | 6 Nov 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,028 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 November 2009 the House Price Index for REDCAR AND CLEVELAND was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £118,000 results in an estimated price of approximately £207,506.
| 6 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.853 % | £118,000 | £89,506 | £207,506 |
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 | 28.745 % | £33,918 | £151,918 |
| 3 Month Average | 24.080 % | £28,414 | £146,414 |
| 6 Month Average | 23.887 % | £28,186 | £146,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £181,577 | £180,000 | 6 BARNARD GROVE |
| 27 Oct 2023 | £223,066 | £218,000 | 5 RABY ROAD |
| 29 Sep 2023 | £153,381 | £150,000 | 35 WARWICK ROAD |
| 20 Feb 2023 | £231,547 | £230,000 | 28 STIRLING ROAD |
| 13 May 2022 | £246,420 | £240,000 | 69 BOROUGH ROAD |
This house has a floor area of 95 sq meters or 1,028 sq feet when measured on 10 Aug 2009. Using an estimated price of £207,507 means this house is valued at £2,171 per sq meter (£201 per sq foot).
The average size of a house on RABY ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Borough Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Borough Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borough Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borough Road |
| Oct 2024 | Violence and sexual offences | On or near Redcar East (Station) |