£161,386
This estimated value is based upon the latest sale price for the house of £130,000 on 24 Oct 2018. 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 |
|---|---|
| £130,000 | 24 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 2018 the House Price Index for REDCAR AND CLEVELAND was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £130,000 results in an estimated price of approximately £161,386.
| 24 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £130,000 | £31,386 | £161,386 |
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 | 15.305 % | £19,896 | £149,896 |
| 3 Month Average | 11.092 % | £14,419 | £144,419 |
| 6 Month Average | 4.811 % | £6,254 | £136,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £209,621 | £205,000 | 61 SALTSCAR |
| 4 Sep 2023 | £184,057 | £180,000 | 24 ROMNEY CLOSE |
| 15 Aug 2023 | £234,224 | £230,000 | 18 SALTSCAR |
| 3 Aug 2023 | £249,500 | £245,000 | 25 SALTSCAR |
| 17 Sep 2021 | £173,691 | £160,000 | 8 EAST SCAR |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 28 Jun 2018. Using an estimated price of £161,386 means this house is valued at £2,042 per sq meter (£189 per sq foot).
The average size of a house on SALTSCAR is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Saltscar |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Saltscar |
| Sep 2024 | Anti-social behaviour | On or near Romney Close | |
| Sep 2024 | Anti-social behaviour | On or near Romney Close | |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Berkeley Drive |