£197,690
This estimated value is based upon the latest sale price for the house of £152,500 on 8 May 2017. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £152,500 | 8 May 2017 |
| £124,950 | 9 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,220 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 May 2017 the House Price Index for REDCAR AND CLEVELAND was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £152,500 results in an estimated price of approximately £197,690.
| 8 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £152,500 | £45,190 | £197,690 |
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 | 39.988 % | £60,982 | £213,482 |
| 3 Month Average | 28.454 % | £43,391 | £195,891 |
| 6 Month Average | 10.625 % | £16,203 | £168,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £246,137 | £244,000 | 177 REDCAR LANE |
| 13 Oct 2023 | £245,578 | £240,000 | 7 BOROUGH ROAD |
| 5 Oct 2023 | £230,229 | £225,000 | 9 CONWAY ROAD |
| 4 Aug 2023 | £198,582 | £195,000 | 8 BOROUGH ROAD |
| 14 Jun 2023 | £204,090 | £200,000 | 1 WINDSOR ROAD |
This house has a floor area of 113 sq meters or 1,220 sq feet when measured on 9 Jul 2011. Using an estimated price of £197,690 means this house is valued at £1,742 per sq meter (£161 per sq foot).
The average size of a house on CONWAY ROAD is 109 sq meters (1,177 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Offender given a caution | On or near Redcar Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redcar Lane |
| Oct 2024 | Vehicle crime | Awaiting court outcome | On or near Ryehills Close |
| Sep 2024 | Vehicle crime | Awaiting court outcome | On or near Ryehills Close |
| Oct 2024 | Anti-social behaviour | On or near St Thomas Grove |