£174,658
This estimated value is based upon the latest sale price for the house of £34,995 on 1 Oct 1997. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Gainsborough Close
More crime details
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| Price Paid | Date |
|---|---|
| £34,995 | 1 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
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 October 1997 the House Price Index for REDCAR AND CLEVELAND was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £34,995 results in an estimated price of approximately £174,658.
| 1 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £34,995 | £139,663 | £174,658 |
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 | 148.887 % | £52,102 | £87,097 |
| 3 Month Average | 171.195 % | £59,909 | £94,904 |
| 6 Month Average | 189.870 % | £66,444 | £101,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £170,231 | £165,000 | 38 REGENCY AVENUE |
| 20 Nov 2023 | £287,293 | £280,000 | 8 MADDISON GROVE |
| 20 Nov 2023 | £359,116 | £350,000 | 10 MADDISON GROVE |
| 1 Sep 2023 | £284,266 | £278,000 | 12 MADDISON GROVE |
| 1 Apr 2022 | £83,512 | £80,500 | 22 GUILDFORD COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Gainsborough Close |
| Oct 2024 | Anti-social behaviour | On or near Gainsborough Close | |
| Oct 2024 | Anti-social behaviour | On or near Gainsborough Close | |
| Sep 2024 | Anti-social behaviour | On or near Gainsborough Close | |
| Sep 2024 | Anti-social behaviour | On or near Gainsborough Close |