£65,500
This estimated value is based upon the latest sale price for the house of £62,000 on 7 Feb 2022. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £62,000 | 7 Feb 2022 |
| Semi-Detached |
| Freehold |
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 2022 the House Price Index for REDCAR AND CLEVELAND was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £62,000 results in an estimated price of approximately £65,500.
| 7 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £62,000 | £3,500 | £65,500 |
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 | 6.373 % | £3,951 | £65,951 |
| 3 Month Average | 7.051 % | £4,371 | £66,371 |
| 6 Month Average | 5.902 % | £3,659 | £65,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £53,000 | £53,000 | 70 PASSFIELD CRESCENT |
| 22 Apr 2024 | £28,750 | £28,500 | 46 KING STREET |
| 16 Apr 2024 | £50,438 | £50,000 | 8 LAWSON CLOSE |
| 28 Mar 2024 | £253,901 | £250,000 | 18 BEECH GROVE |
| 26 Mar 2024 | £71,092 | £70,000 | 52 KEIR HARDIE CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Public order | Unable to prosecute suspect | On or near Bevanlee Road |
| Nov 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bevanlee Road |
| Nov 2024 | Other crime | Under investigation | On or near Bevanlee Road |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bevanlee Road |
| Nov 2024 | Anti-social behaviour | On or near Bevanlee Road |