£134,229
This estimated value is based upon the latest sale price for the house of £118,000 on 30 Apr 2021. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £118,000 | 30 Apr 2021 |
| £139,950 | 26 Jul 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 991 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 2021 the House Price Index for REDCAR AND CLEVELAND was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £118,000 results in an estimated price of approximately £134,229.
| 30 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 149.7 | 13.754 % | £118,000 | £16,229 | £134,229 |
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 | -3.770 % | £-4,448 | £113,551 |
| 3 Month Average | -9.212 % | £-10,870 | £107,129 |
| 6 Month Average | -2.250 % | £-2,655 | £115,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £143,156 | £140,000 | 50 LOW FARM DRIVE |
| 29 Aug 2023 | £175,159 | £172,000 | 29 HAMBLETON AVENUE |
| 27 Feb 2023 | £125,841 | £125,000 | 7 FLEETWOOD WALK |
| 30 Jan 2023 | £196,525 | £196,000 | 32 FALMOUTH CLOSE |
| 6 Jan 2023 | £72,193 | £72,000 | 23 RUSHPOOL CLOSE |
This house has a floor area of 92 sq meters or 991 sq feet when measured on 18 Aug 2011. Using an estimated price of £134,229 means this house is valued at £1,457 per sq meter (£135 per sq foot).
The average size of a house on LOW FARM DRIVE is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Under investigation | On or near Milford Walk |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Rushpool Close |