£116,183
This estimated value is based upon the latest sale price for the house of £90,000 on 2 Mar 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 |
|---|---|
| £90,000 | 2 Mar 2017 |
| £70,000 | 19 Dec 2003 |
| 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 March 2017 the House Price Index for REDCAR AND CLEVELAND was 114.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.093%.Applying this 29.093% change to the original purchase price of £90,000 results in an estimated price of approximately £116,183.
| 2 Mar 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.0 | 29.093 % | £90,000 | £26,183 | £116,183 |
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 | 3.337 % | £3,003 | £93,003 |
| 3 Month Average | 5.222 % | £4,700 | £94,700 |
| 6 Month Average | -1.243 % | £-1,118 | £88,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £71,173 | £70,500 | 4 NEWCOMEN GROVE |
| 14 Apr 2023 | £50,374 | £50,000 | 7 NEWCOMEN GROVE |
| 28 Mar 2023 | £14,830 | £14,750 | FLAT 3 3 STATION ROAD |
| 23 Mar 2023 | £95,516 | £95,000 | 16 COATHAM ROAD |
| 3 Feb 2023 | £74,647 | £75,000 | 12 COATHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Newcomen Grove |
| Apr 2024 | Anti-social behaviour | On or near Newcomen Grove | |
| Apr 2024 | Anti-social behaviour | On or near Newcomen Grove | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newcomen Grove |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Newcomen Grove |