£192,673
This estimated value is based upon the latest sale price for the house of £191,000 on 26 Apr 2024. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £191,000 | 26 Apr 2024 |
| 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 2024 the House Price Index for REDCAR AND CLEVELAND was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £191,000 results in an estimated price of approximately £192,673.
| 26 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £191,000 | £1,673 | £192,673 |
The Postcode Pricing Model uses changes in average sales price within the TS14 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 | 22.488 % | £42,952 | £233,952 |
| 3 Month Average | 11.173 % | £21,341 | £212,341 |
| 6 Month Average | 8.959 % | £17,112 | £208,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Sep 2024 | £103,000 | £103,000 | 229 WESTGATE |
| 26 Apr 2024 | £192,673 | £191,000 | 41 PARK LANE |
| 20 Mar 2023 | £211,024 | £207,500 | 43 PARK LANE |
| 25 Nov 2022 | £189,116 | £190,000 | 2 MAPLE GARDENS |
| 14 Oct 2022 | £74,750 | £75,000 | 162 WESTGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cobble Carr |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cobble Carr |