£196,525
This estimated value is based upon the latest sale price for the house of £196,000 on 30 Jan 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 |
|---|---|
| £196,000 | 30 Jan 2023 |
| £148,000 | 22 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 January 2023 the House Price Index for REDCAR AND CLEVELAND was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £196,000 results in an estimated price of approximately £196,525.
| 30 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £196,000 | £525 | £196,525 |
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 | 8.650 % | £16,953 | £212,953 |
| 3 Month Average | -3.809 % | £-7,465 | £188,534 |
| 6 Month Average | -5.319 % | £-10,425 | £185,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £165,706 | £161,500 | 45 COTSWOLD DRIVE |
| 28 Sep 2023 | £143,156 | £140,000 | 50 LOW FARM DRIVE |
| 29 Aug 2023 | £175,159 | £172,000 | 29 HAMBLETON AVENUE |
| 30 Jan 2023 | £196,525 | £196,000 | 32 FALMOUTH CLOSE |
| 19 Oct 2022 | £119,601 | £120,000 | 42 LOW FARM DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 22 Dec 2016. Using an estimated price of £196,525 means this house is valued at £2,183 per sq meter (£202 per sq foot).
The average size of a house on FALMOUTH CLOSE is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Whitehaven Court |
| Jul 2024 | Anti-social behaviour | On or near Whitehaven Court | |
| Jul 2024 | Anti-social behaviour | On or near Whitehaven Court | |
| Jul 2024 | Anti-social behaviour | On or near Whitehaven Court | |
| Jul 2024 | Anti-social behaviour | On or near Whitehaven Court |