£87,322
This estimated value is based upon the latest sale price for the house of £42,405 on 13 Apr 2004. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £42,405 | 13 Apr 2004 |
| 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 April 2004 the House Price Index for REDCAR AND CLEVELAND was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £42,405 results in an estimated price of approximately £87,322.
| 13 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £42,405 | £44,917 | £87,322 |
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 | 110.564 % | £46,884 | £89,289 |
| 3 Month Average | 184.919 % | £78,414 | £120,819 |
| 6 Month Average | 141.704 % | £60,089 | £102,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £147,000 | £147,000 | 17 MEDBOURNE CLOSE |
| 3 May 2024 | £110,000 | £110,000 | 78 GUISBOROUGH STREET |
| 27 Mar 2024 | £96,482 | £95,000 | 3 HODGSON COURT |
| 22 Sep 2023 | £78,736 | £77,000 | 12 SOUTH STREET |
| 11 Sep 2023 | £51,127 | £50,000 | 60 GUISBOROUGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Bolckow Street |
| Apr 2024 | Anti-social behaviour | On or near Guisborough Street | |
| Apr 2024 | Anti-social behaviour | On or near Guisborough Street | |
| Apr 2024 | Anti-social behaviour | On or near Guisborough Street | |
| Apr 2024 | Anti-social behaviour | On or near Guisborough Street |