£159,005
This estimated value is based upon the latest sale price for the house of £133,000 on 8 Jun 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £133,000 | 8 Jun 2020 |
| £121,000 | 15 Oct 2012 |
| £117,000 | 21 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 June 2020 the House Price Index for REDCAR AND CLEVELAND was 122.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.553%.Applying this 19.553% change to the original purchase price of £133,000 results in an estimated price of approximately £159,005.
| 8 Jun 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 146.7 | 19.553 % | £133,000 | £26,005 | £159,005 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | 191.637 % | £254,876 | £387,876 |
| 3 Month Average | 14.254 % | £18,958 | £151,958 |
| 6 Month Average | 22.372 % | £29,755 | £162,755 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 29 Jun 2011.
The average size of a house on FERNHILL ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near South Street |
| Dec 2023 | Drugs | Awaiting court outcome | On or near South Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Occupation Road |
| Feb 2024 | Anti-social behaviour | On or near Occupation Road |