£70,171
This estimated value is based upon the latest sale price for the house of £70,500 on 15 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 |
|---|---|
| £70,500 | 15 Nov 2022 |
| £87,000 | 1 May 2008 |
| £78,500 | 4 Nov 2005 |
| £30,750 | 13 Jul 2001 |
| 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 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 £70,500 results in an estimated price of approximately £70,171.
| 15 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £70,500 | £-328 | £70,171 |
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 | -5.910 % | £-4,166 | £66,333 |
| 3 Month Average | -4.570 % | £-3,222 | £67,277 |
| 6 Month Average | 13.705 % | £9,661 | £80,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £169,297 | £165,000 | 15 CARMEL GARDENS |
| 3 Nov 2023 | £51,302 | £50,000 | 53 CLEVELAND STREET |
| 29 Sep 2023 | £153,381 | £150,000 | 14 CARMEL GARDENS |
| 29 Aug 2023 | £131,369 | £129,000 | 4 CLEVELAND STREET |
| 21 Aug 2023 | £195,017 | £191,500 | 9 CARMEL GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Cleveland Street | |
| Oct 2024 | Anti-social behaviour | On or near Cleveland Street | |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cleveland Street |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cleveland Street |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cleveland Street |