£397,975
This estimated value is based upon the latest sale price for the house of £390,000 on 30 Jun 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 |
|---|---|
| £390,000 | 30 Jun 2023 |
| £278,000 | 19 Aug 2013 |
| £278,000 | 19 Aug 2013 |
| £275,000 | 14 Jul 2011 |
| Detached |
| Freehold |
| Floor Area: 198 sq meters or 2,139 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 2023 the House Price Index for REDCAR AND CLEVELAND was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £390,000 results in an estimated price of approximately £397,975.
| 30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £390,000 | £7,975 | £397,975 |
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 | -17.808 % | £-69,450 | £320,549 |
| 3 Month Average | 0.668 % | £2,603 | £392,603 |
| 6 Month Average | 0.980 % | £3,823 | £393,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £179,516 | £174,000 | 4 LINTON ROAD |
| 10 Nov 2023 | £205,209 | £200,000 | 5 NORMANBY ROAD |
| 10 Nov 2023 | £182,585 | £177,950 | 24 WESTFIELD CLOSE |
| 30 Jun 2023 | £397,975 | £390,000 | 2A SCOTT ROAD |
| 28 Jul 2022 | £166,670 | £165,000 | 27 SCOTT ROAD |
This house has a floor area of 198 sq meters or 2,139 sq feet when measured on 26 Oct 2010. Using an estimated price of £397,975 means this house is valued at £2,002 per sq meter (£186 per sq foot).
The average size of a house on SCOTT ROAD is 102 sq meters (1,098 sq feet).
This house is the largest in the street with a floor area of 198 sq meters (2,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Meadowcroft Road | |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Meadowcroft Road |
| Sep 2024 | Anti-social behaviour | On or near Meadowcroft Road | |
| Aug 2024 | Anti-social behaviour | On or near Meadowcroft Road | |
| Aug 2024 | Anti-social behaviour | On or near Meadowcroft Road |