£223,334
This estimated value is based upon the latest sale price for the house of £140,000 on 6 Feb 2014. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £140,000 | 6 Feb 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2014 the House Price Index for REDCAR AND CLEVELAND was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £140,000 results in an estimated price of approximately £223,334.
| 6 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £140,000 | £83,334 | £223,334 |
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 | 52.520 % | £73,528 | £213,528 |
| 3 Month Average | 32.335 % | £45,269 | £185,269 |
| 6 Month Average | 19.264 % | £26,970 | £166,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £186,621 | £185,000 | 61 WESTMORLAND ROAD |
| 28 Mar 2024 | £253,901 | £250,000 | 204 WEST DYKE ROAD |
| 15 Mar 2024 | £192,965 | £190,000 | 2 FAIRFIELD CLOSE |
| 29 Aug 2023 | £218,949 | £215,000 | 273 WEST DYKE ROAD |
| 27 Feb 2023 | £181,714 | £180,500 | 14 KESWICK ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 Oct 2010. Using an estimated price of £223,335 means this house is valued at £2,627 per sq meter (£244 per sq foot).
The average size of a house on FAIRFIELD CLOSE is 122 sq meters (1,323 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moorsholm Way |
| Oct 2024 | Drugs | Under investigation | On or near Moorsholm Way |