£289,572
This estimated value is based upon the latest sale price for the house of £192,000 on 13 Oct 2014. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £192,000 | 13 Oct 2014 |
| £220,000 | 31 Jul 2007 |
| £95,000 | 4 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,231 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 October 2014 the House Price Index for REDCAR AND CLEVELAND was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £192,000 results in an estimated price of approximately £289,572.
| 13 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £192,000 | £97,572 | £289,572 |
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 | 53.739 % | £103,178 | £295,178 |
| 3 Month Average | 58.158 % | £111,662 | £303,662 |
| 6 Month Average | 31.537 % | £60,550 | £252,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £317,000 | £317,000 | 25 MONTAGUS HARRIER |
| 25 Oct 2023 | £305,437 | £298,500 | 9 HERON GATE |
| 7 Sep 2023 | £265,861 | £260,000 | 10 REDWING RISING |
| 21 Aug 2023 | £157,847 | £155,000 | 9 KESTREL HIDE |
| 25 Apr 2023 | £415,267 | £407,500 | 18 HERON GATE |
This house has a floor area of 114 sq meters or 1,231 sq feet when measured on 12 Aug 2009. Using an estimated price of £289,572 means this house is valued at £2,531 per sq meter (£235 per sq foot).
The average size of a house on HERON GATE is 131 sq meters (1,412 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redwing Rising |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Montagu'S Harrier |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Kestrel Hide |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Gold Crest |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Fulmar Head |