£233,369
This estimated value is based upon the latest sale price for the house of £126,000 on 18 Jul 2005. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £126,000 | 18 Jul 2005 |
| £85,000 | 3 Sep 2003 |
| Semi-Detached |
| Freehold |
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 2005 the House Price Index for REDCAR AND CLEVELAND was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.214%.Applying this 85.214% change to the original purchase price of £126,000 results in an estimated price of approximately £233,369.
| 18 Jul 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.214 % | £126,000 | £107,369 | £233,369 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | 31.864 % | £40,148 | £166,148 |
| 3 Month Average | 58.198 % | £73,329 | £199,329 |
| 6 Month Average | 57.879 % | £72,927 | £198,927 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £135,075 | £133,000 | 6 CANTERBURY ROAD |
| 15 Dec 2023 | £221,816 | £215,000 | 34 CANTERBURY ROAD |
| 27 Sep 2023 | £148,268 | £145,000 | 11 CRAGSIDE |
| 25 Sep 2023 | £148,268 | £145,000 | 8 DURHAM ROAD |
| 25 Aug 2023 | £173,122 | £170,000 | 5 CONYERS COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Canterbury Road |
| Aug 2024 | Anti-social behaviour | On or near Lorne Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Lorne Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Lorne Terrace | |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near The Forge |