£231,546
This estimated value is based upon the latest sale price for the house of £230,000 on 20 Feb 2023. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £230,000 | 20 Feb 2023 |
| £159,000 | 20 Apr 2015 |
| £68,700 | 6 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 February 2023 the House Price Index for REDCAR AND CLEVELAND was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £230,000 results in an estimated price of approximately £231,546.
| 20 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £230,000 | £1,546 | £231,546 |
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 | 44.224 % | £101,715 | £331,715 |
| 3 Month Average | 6.877 % | £15,816 | £245,816 |
| 6 Month Average | -9.016 % | £-20,736 | £209,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £181,577 | £180,000 | 6 BARNARD GROVE |
| 5 Mar 2024 | £166,559 | £164,000 | 8 SKELTON DRIVE |
| 27 Oct 2023 | £223,066 | £218,000 | 5 RABY ROAD |
| 29 Sep 2023 | £153,381 | £150,000 | 35 WARWICK ROAD |
| 13 Apr 2023 | £229,289 | £225,000 | 9 BARNARD GROVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 31 Oct 2014. Using an estimated price of £231,547 means this house is valued at £3,455 per sq meter (£321 per sq foot).
The average size of a house on STIRLING ROAD is 105 sq meters (1,138 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | On or near Redcar East (Station) | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redcar East |