£186,735
This estimated value is based upon the latest sale price for the house of £180,000 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £180,000 | 29 Apr 2022 |
| £149,500 | 10 Jan 2020 |
| £58,000 | 2 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 April 2022 the House Price Index for REDCAR AND CLEVELAND was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £180,000 results in an estimated price of approximately £186,735.
| 29 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £180,000 | £6,735 | £186,735 |
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 | 42.574 % | £76,633 | £256,633 |
| 3 Month Average | 16.140 % | £29,051 | £209,051 |
| 6 Month Average | 9.924 % | £17,862 | £197,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £251,381 | £245,000 | 48 BRACKENBERRY CRESCENT |
| 22 Aug 2023 | £407,347 | £400,000 | 1 COQUET CLOSE |
| 21 Aug 2023 | £193,490 | £190,000 | 1 HYTHE CLOSE |
| 10 Aug 2023 | £162,939 | £160,000 | 5 HARWICH CLOSE |
| 19 Jun 2023 | £244,903 | £239,995 | 31 HOLYHEAD DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 Mar 2014. Using an estimated price of £186,736 means this house is valued at £2,593 per sq meter (£240 per sq foot).
The average size of a house on HOLYHEAD DRIVE is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Holyhead Drive |