£225,046
This estimated value is based upon the latest sale price for the house of £120,000 on 4 Mar 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 |
|---|---|
| £120,000 | 4 Mar 2005 |
| £41,000 | 8 Aug 2000 |
| 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 March 2005 the House Price Index for REDCAR AND CLEVELAND was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £120,000 results in an estimated price of approximately £225,046.
| 4 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £120,000 | £105,046 | £225,046 |
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 | 59.588 % | £71,505 | £191,505 |
| 3 Month Average | 48.003 % | £57,603 | £177,603 |
| 6 Month Average | 36.109 % | £43,330 | £163,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £130,000 | £130,000 | 69 ZETLAND ROAD |
| 18 Aug 2023 | £183,306 | £180,000 | 280 LABURNUM ROAD |
| 31 Mar 2023 | £101,698 | £100,000 | 5 ALNWICK CLOSE |
| 15 Jul 2022 | £151,518 | £150,000 | 9 CASTLE ROAD |
| 27 May 2022 | £148,879 | £145,000 | 34 ZETLAND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Canterbury Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Canterbury Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canterbury Road |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Canterbury Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Canterbury Road |