£99,021
This estimated value is based upon the latest sale price for the house of £97,500 on 22 Mar 2024. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £97,500 | 22 Mar 2024 |
| £98,500 | 30 Nov 2005 |
| £41,000 | 30 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 March 2024 the House Price Index for REDCAR AND CLEVELAND was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £97,500 results in an estimated price of approximately £99,021.
| 22 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £97,500 | £1,521 | £99,021 |
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 | 34.243 % | £33,387 | £130,887 |
| 3 Month Average | 7.517 % | £7,329 | £104,829 |
| 6 Month Average | 3.936 % | £3,837 | £101,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £99,021 | £97,500 | 23 BENNISON STREET |
| 24 Nov 2023 | £102,605 | £100,000 | 4 AUCKLAND STREET |
| 16 Nov 2022 | £174,186 | £175,000 | 83 REDCAR ROAD |
| 5 Sep 2022 | £198,867 | £199,000 | 54 REDCAR ROAD |
| 17 Jun 2022 | £97,075 | £95,000 | 39 BENNISON STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 7 May 2015. Using an estimated price of £99,021 means this house is valued at £1,138 per sq meter (£105 per sq foot).
The average size of a house on BENNISON STREET is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Hospital | |
| Jul 2024 | Anti-social behaviour | On or near Hospital | |
| Jul 2024 | Anti-social behaviour | On or near Hospital | |
| Jul 2024 | Anti-social behaviour | On or near Hospital | |
| Jul 2024 | Anti-social behaviour | On or near Hospital |