£178,727
This estimated value is based upon the latest sale price for the house of £146,500 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £146,500 | 26 Jun 2020 |
| £135,000 | 11 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 794 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 June 2020 the House Price Index for REDCAR AND CLEVELAND was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £146,500 results in an estimated price of approximately £178,727.
| 26 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £146,500 | £32,227 | £178,727 |
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 | 79.773 % | £116,867 | £263,367 |
| 3 Month Average | 18.271 % | £26,766 | £173,266 |
| 6 Month Average | 17.661 % | £25,873 | £172,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £184,057 | £180,000 | 24 ROMNEY CLOSE |
| 15 Aug 2023 | £234,224 | £230,000 | 18 SALTSCAR |
| 3 Aug 2023 | £249,500 | £245,000 | 25 SALTSCAR |
| 20 May 2022 | £236,101 | £229,950 | 12 HUNDALE CRESCENT |
| 17 Sep 2021 | £173,691 | £160,000 | 8 EAST SCAR |
This house has a floor area of 73 sq meters or 794 sq feet when measured on 30 Jan 2012. Using an estimated price of £178,727 means this house is valued at £2,421 per sq meter (£224 per sq foot).
The average size of a house on ROMNEY CLOSE is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Romney Close | |
| Sep 2024 | Anti-social behaviour | On or near Romney Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hundale Crescent |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Saltscar |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Saltscar |