£87,157
This estimated value is based upon the latest sale price for the house of £82,500 on 11 Feb 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 |
|---|---|
| £82,500 | 11 Feb 2022 |
| Terraced |
| 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 February 2022 the House Price Index for REDCAR AND CLEVELAND was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £82,500 results in an estimated price of approximately £87,157.
| 11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £82,500 | £4,657 | £87,157 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | 6.373 % | £5,257 | £87,757 |
| 3 Month Average | 7.051 % | £5,816 | £88,316 |
| 6 Month Average | 5.902 % | £4,869 | £87,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £340,462 | £330,000 | 11 WEST WOOD DRIVE |
| 29 Sep 2023 | £110,434 | £108,000 | 44 WEST STREET |
| 28 Apr 2023 | £46,877 | £46,000 | 74 LAMBTON STREET |
| 31 Mar 2023 | £94,071 | £92,500 | 42 CLEVELAND STREET |
| 2 Feb 2023 | £90,605 | £90,000 | 43C CLEVELAND STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lambton Street |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Cleveland Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cleveland Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cleveland Street |
| Oct 2024 | Anti-social behaviour | On or near Cleveland Street |