£268,743
This estimated value is based upon the latest sale price for the house of £270,000 on 24 Nov 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 |
|---|---|
| £270,000 | 24 Nov 2022 |
| £226,995 | 25 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 November 2022 the House Price Index for REDCAR AND CLEVELAND was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £270,000 results in an estimated price of approximately £268,743.
| 24 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £270,000 | £-1,256 | £268,743 |
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 | -5.365 % | £-14,485 | £255,514 |
| 3 Month Average | -17.156 % | £-46,320 | £223,679 |
| 6 Month Average | -6.913 % | £-18,664 | £251,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £247,609 | £240,000 | 19 COCHRANE GARDENS |
| 16 Jun 2023 | £158,170 | £155,000 | 15 COCHRANE GARDENS |
| 24 Nov 2022 | £268,743 | £270,000 | 5 COCHRANE GARDENS |
| 22 Jul 2022 | £265,662 | £263,000 | 25 SCHOOL WAY |
| 30 Jun 2022 | £161,451 | £158,000 | 21 COCHRANE GARDENS |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 8 Oct 2018. Using an estimated price of £268,743 means this house is valued at £2,687 per sq meter (£249 per sq foot).
The average size of a house on COCHRANE GARDENS is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Storr Close |
| Oct 2024 | Anti-social behaviour | On or near Alderman Close | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alderman Close |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near William Turner Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near William Turner Road |