£166,333
This estimated value is based upon the latest sale price for the house of £163,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £163,000 | 30 Jun 2023 |
| £135,000 | 11 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2023 the House Price Index for REDCAR AND CLEVELAND was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £163,000 results in an estimated price of approximately £166,333.
| 30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £163,000 | £3,333 | £166,333 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | -17.808 % | £-29,026 | £133,973 |
| 3 Month Average | 0.668 % | £1,088 | £164,088 |
| 6 Month Average | 0.980 % | £1,598 | £164,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £165,000 | £165,000 | 41 BLANTYRE ROAD |
| 17 May 2024 | £173,000 | £173,000 | 32 CRAIGEARN ROAD |
| 14 Sep 2023 | £112,480 | £110,000 | 133 LIME ROAD |
| 29 Aug 2023 | £183,306 | £180,000 | 55 BLANTYRE ROAD |
| 30 Jun 2023 | £166,333 | £163,000 | 22 CRAIGEARN ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 5 Nov 2013. Using an estimated price of £166,333 means this house is valued at £1,788 per sq meter (£166 per sq foot).
The average size of a house on CRAIGEARN ROAD is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Craigearn Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Craigearn Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Craigearn Road |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Craigearn Road |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Craigearn Road |