£114,329
This estimated value is based upon the latest sale price for the house of £82,000 on 3 Dec 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £82,000 | 3 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in December 2015 the House Price Index for TYNE AND WEAR was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £82,000 results in an estimated price of approximately £114,329.
| 3 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £82,000 | £32,329 | £114,329 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | 104.874 % | £85,996 | £167,996 |
| 3 Month Average | 15.549 % | £12,750 | £94,750 |
| 6 Month Average | 2.274 % | £1,865 | £83,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Sep 2024 | £120,000 | £120,000 | 18 RADCLIFFE ROAD |
| 15 Mar 2024 | £71,092 | £70,000 | 40 REDCAR ROAD |
| 4 Sep 2023 | £61,352 | £60,000 | 28 RALEIGH ROAD |
| 28 Apr 2023 | £95,282 | £93,500 | 32 RAMSGATE ROAD |
| 27 Apr 2023 | £101,906 | £100,000 | 34 RALEIGH ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 28 Jul 2015. Using an estimated price of £114,329 means this house is valued at £1,610 per sq meter (£149 per sq foot).
The average size of a house on RADCLIFFE ROAD is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Redcar Road | |
| Aug 2024 | Anti-social behaviour | On or near Redcar Road | |
| Aug 2024 | Anti-social behaviour | On or near Redcar Road | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Redcar Road |
| Aug 2024 | Anti-social behaviour | On or near Redcar Road |