£315,861
This estimated value is based upon the latest sale price for the house of £56,500 on 9 Aug 1996. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £56,500 | 9 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 48 sq meters or 516 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 August 1996 the House Price Index for REDCAR AND CLEVELAND was 26.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 459.047%.Applying this 459.047% change to the original purchase price of £56,500 results in an estimated price of approximately £315,861.
| 9 Aug 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 149.7 | 459.047 % | £56,500 | £259,361 | £315,861 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | 235.548 % | £133,084 | £189,584 |
| 3 Month Average | 295.175 % | £166,774 | £223,274 |
| 6 Month Average | 268.819 % | £151,882 | £208,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £214,880 | £210,000 | 13 WILTON BANK |
| 21 Jun 2023 | £250,010 | £245,000 | 6 WILTON BANK |
| 5 Aug 2022 | £226,057 | £225,000 | 43 CHESTNUT CLOSE |
| 29 Apr 2022 | £290,478 | £280,000 | 28 CHESTNUT CLOSE |
| 2 Mar 2022 | £207,743 | £199,000 | 46 WILTON BANK |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 17 Oct 2018. Using an estimated price of £315,861 means this house is valued at £6,580 per sq meter (£611 per sq foot).
The average size of a house on WILTON BANK is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilton Bank |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chestnut Close |
| Oct 2024 | Anti-social behaviour | On or near Oxclose Gardens | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Corbydell Road |