£91,361
This estimated value is based upon the latest sale price for the house of £75,000 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Tweed Road
More crime details
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| Price Paid | Date |
|---|---|
| £75,000 | 3 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 July 2020 the House Price Index for REDCAR AND CLEVELAND was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £75,000 results in an estimated price of approximately £91,361.
| 3 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £75,000 | £16,361 | £91,361 |
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 | 58.583 % | £43,936 | £118,936 |
| 3 Month Average | 25.500 % | £19,125 | £94,125 |
| 6 Month Average | 19.697 % | £14,772 | £89,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Feb 2023 | £145,975 | £145,000 | 90 THAMES ROAD |
| 22 Jul 2022 | £144,447 | £143,000 | 58 TYNE ROAD |
| 1 Jul 2022 | £135,356 | £134,000 | 20 TWEED ROAD |
| 30 Jun 2022 | £132,840 | £130,000 | 21 TYNE ROAD |
| 14 Feb 2022 | £110,928 | £105,000 | 45 TWEED ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 10 Dec 2019. Using an estimated price of £91,362 means this house is valued at £913 per sq meter (£84 per sq foot).
The average size of a house on TWEED ROAD is 105 sq meters (1,135 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Tweed Road |
| Aug 2024 | Vehicle crime | Awaiting court outcome | On or near Tweed Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Tyne Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Tyne Road |