£94,115
This estimated value is based upon the latest sale price for the house of £87,200 on 20 Dec 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 |
|---|---|
| £87,200 | 20 Dec 2021 |
| £43,500 | 18 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 December 2021 the House Price Index for REDCAR AND CLEVELAND was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £87,200 results in an estimated price of approximately £94,115.
| 20 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £87,200 | £6,915 | £94,115 |
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 | 51.990 % | £45,335 | £132,535 |
| 3 Month Average | 27.079 % | £23,612 | £110,812 |
| 6 Month Average | 13.974 % | £12,184 | £99,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £141,226 | £140,000 | 4 BYLANDS ROAD |
| 18 Dec 2023 | £92,853 | £90,000 | 10 FLORA STREET |
| 30 Sep 2022 | £261,825 | £262,000 | 20 CHURCH LANE |
| 17 Jun 2022 | £102,184 | £100,000 | 58 CHURCH LANE |
| 23 May 2022 | £102,670 | £99,995 | 30 ALBERT ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 7 Dec 2018. Using an estimated price of £94,116 means this house is valued at £1,289 per sq meter (£119 per sq foot).
The average size of a house on FLORA STREET is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Flora Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Flora Street |
| Sep 2024 | Other crime | Awaiting court outcome | On or near Albert Road |
| Sep 2024 | Other crime | Awaiting court outcome | On or near Albert Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albert Road |