£325,670
This estimated value is based upon the latest sale price for the house of £300,000 on 8 Sep 2021. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £300,000 | 8 Sep 2021 |
| £212,500 | 24 Mar 2006 |
| £111,000 | 30 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 September 2021 the House Price Index for REDCAR AND CLEVELAND was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £300,000 results in an estimated price of approximately £325,670.
| 8 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £300,000 | £25,670 | £325,670 |
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 | -0.850 % | £-2,550 | £297,449 |
| 3 Month Average | 8.217 % | £24,649 | £324,649 |
| 6 Month Average | 10.326 % | £30,976 | £330,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £230,178 | £224,950 | 2 SHOREHAM CLOSE |
| 16 Feb 2023 | £261,698 | £259,950 | 24 CORMORANT DRIVE |
| 7 Oct 2022 | £250,164 | £251,000 | 2 LAVERNOCK CLOSE |
| 15 Oct 2021 | £195,067 | £175,000 | 3 LAVAN COURT |
| 13 Oct 2021 | £161,627 | £145,000 | 5 LAVAN COURT |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 16 Jul 2021. Using an estimated price of £325,671 means this house is valued at £2,960 per sq meter (£275 per sq foot).
The average size of a house on TERN GROVE is 158 sq meters (1,706 sq feet).
This house is the largest in the street with a floor area of 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Druridge Grove | |
| Jul 2024 | Anti-social behaviour | On or near Druridge Grove | |
| Jul 2024 | Anti-social behaviour | On or near Druridge Grove | |
| Jul 2024 | Anti-social behaviour | On or near Druridge Grove | |
| Oct 2024 | Anti-social behaviour | On or near Lavan Court |