£197,933
This estimated value is based upon the latest sale price for the house of £152,000 on 26 Apr 2017. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £152,000 | 26 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,058 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 April 2017 the House Price Index for REDCAR AND CLEVELAND was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £152,000 results in an estimated price of approximately £197,933.
| 26 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £152,000 | £45,933 | £197,933 |
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 | 52.370 % | £79,601 | £231,601 |
| 3 Month Average | 15.179 % | £23,071 | £175,071 |
| 6 Month Average | 4.504 % | £6,846 | £158,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £160,000 | £160,000 | 80 REDCAR LANE |
| 21 Mar 2024 | £157,419 | £155,000 | 22 DEAL ROAD |
| 13 Sep 2023 | £209,621 | £205,000 | 61 SALTSCAR |
| 15 Aug 2023 | £234,224 | £230,000 | 18 SALTSCAR |
| 3 Aug 2023 | £249,500 | £245,000 | 25 SALTSCAR |
This house has a floor area of 98 sq meters or 1,058 sq feet when measured on 27 Jun 2009. Using an estimated price of £197,933 means this house is valued at £2,013 per sq meter (£187 per sq foot).
The average size of a house on SALTSCAR is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Scar |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Scar |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Saltscar |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Saltscar |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Turners Mill |