£50,354
This estimated value is based upon the latest sale price for the house of £41,500 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £41,500 | 6 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
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 March 2020 the House Price Index for REDCAR AND CLEVELAND was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £41,500 results in an estimated price of approximately £50,354.
| 6 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £41,500 | £8,854 | £50,354 |
The Postcode Pricing Model uses changes in average sales price within the TS14 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 | 21.767 % | £9,033 | £50,533 |
| 3 Month Average | 36.726 % | £15,241 | £56,741 |
| 6 Month Average | 12.605 % | £5,231 | £46,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £112,865 | £110,000 | 7 UNION STREET |
| 4 Oct 2023 | £86,975 | £85,000 | 72 CHURCH STREET |
| 9 Jun 2023 | £163,272 | £160,000 | 11 REDCAR ROAD |
| 28 Mar 2023 | £102,715 | £101,000 | 7 REDCAR ROAD |
| 14 Sep 2022 | £594,603 | £595,000 | 36 REDCAR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Avenue Place |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Street |
| Jul 2024 | Anti-social behaviour | On or near Church Street | |
| Jul 2024 | Anti-social behaviour | On or near Church Street |