£388,085
This estimated value is based upon the latest sale price for the house of £290,000 on 2 Sep 2016. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £290,000 | 2 Sep 2016 |
| £200,000 | 28 Feb 2005 |
| Terraced |
| Freehold |
| Floor Area: 262 sq meters or 2,820 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 September 2016 the House Price Index for REDCAR AND CLEVELAND was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £290,000 results in an estimated price of approximately £388,085.
| 2 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £290,000 | £98,085 | £388,085 |
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 | 34.179 % | £99,118 | £389,118 |
| 3 Month Average | 21.362 % | £61,950 | £351,950 |
| 6 Month Average | 13.700 % | £39,731 | £329,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £61,511 | £59,950 | 31 LABURNUM HOUSE COATHAM ROAD |
| 12 Jun 2023 | £52,043 | £51,000 | 12 LABURNUM HOUSE COATHAM ROAD |
| 19 Jan 2023 | £68,684 | £68,500 | 14 LABURNUM HOUSE COATHAM ROAD |
| 19 Jul 2022 | £65,658 | £65,000 | 16 LABURNUM HOUSE COATHAM ROAD |
| 30 Mar 2022 | £120,052 | £115,000 | 56 COATHAM ROAD |
This house has a floor area of 262 sq meters or 2,820 sq feet when measured on 21 Aug 2020. Using an estimated price of £388,085 means this house is valued at £1,481 per sq meter (£137 per sq foot).
The average size of a house on NELSON TERRACE is 275 sq meters (2,968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Rainbow Lane |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rainbow Lane |
| Aug 2024 | Anti-social behaviour | On or near Rainbow Lane | |
| Aug 2024 | Anti-social behaviour | On or near Rainbow Lane | |
| Aug 2024 | Anti-social behaviour | On or near Rainbow Lane |