£229,341
This estimated value is based upon the latest sale price for the house of £148,999 on 4 Jul 2014. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £148,999 | 4 Jul 2014 |
| £64,000 | 20 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 July 2014 the House Price Index for REDCAR AND CLEVELAND was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £148,999 results in an estimated price of approximately £229,341.
| 4 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £148,999 | £80,342 | £229,341 |
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 | 14.011 % | £20,876 | £169,875 |
| 3 Month Average | 26.122 % | £38,921 | £187,920 |
| 6 Month Average | 19.263 % | £28,702 | £177,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £181,577 | £180,000 | 6 BARNARD GROVE |
| 27 Oct 2023 | £223,066 | £218,000 | 5 RABY ROAD |
| 29 Sep 2023 | £153,381 | £150,000 | 35 WARWICK ROAD |
| 20 Feb 2023 | £231,547 | £230,000 | 28 STIRLING ROAD |
| 13 May 2022 | £246,420 | £240,000 | 69 BOROUGH ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 12 Feb 2014. Using an estimated price of £229,341 means this house is valued at £2,520 per sq meter (£234 per sq foot).
The average size of a house on RABY ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Borough Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Borough Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borough Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borough Road |
| Oct 2024 | Violence and sexual offences | On or near Redcar East (Station) |