£106,441
This estimated value is based upon the latest sale price for the house of £36,963 on 28 Jun 2002. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £36,963 | 28 Jun 2002 |
| £75,000 | 27 Nov 1998 |
| 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 June 2002 the House Price Index for REDCAR AND CLEVELAND was 52.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 187.968%.Applying this 187.968% change to the original purchase price of £36,963 results in an estimated price of approximately £106,441.
| 28 Jun 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 149.7 | 187.968 % | £36,963 | £69,478 | £106,441 |
The Postcode Pricing Model uses changes in average sales price within the TS11 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 | 157.417 % | £58,186 | £95,149 |
| 3 Month Average | 204.401 % | £75,552 | £112,515 |
| 6 Month Average | 210.731 % | £77,892 | £114,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £220,000 | £220,000 | 45 ST GERMAINS LANE |
| 15 Dec 2023 | £273,401 | £265,000 | 27 THE HEADLANDS |
| 1 Nov 2023 | £133,386 | £130,000 | 17 CHURCH CLOSE |
| 8 Aug 2023 | £346,245 | £340,000 | 14 THE KIRKLANDS |
| 16 Mar 2023 | £140,344 | £138,000 | 13 VICARAGE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near The Headlands | |
| Aug 2024 | Anti-social behaviour | On or near The Headlands | |
| Aug 2024 | Anti-social behaviour | On or near The Headlands | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vicarage Drive |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Vicarage Drive |