£188,417
This estimated value is based upon the latest sale price for the house of £98,500 on 14 Oct 2004. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £98,500 | 14 Oct 2004 |
| £10,000 | 22 Sep 2003 |
| £25,000 | 20 Dec 1999 |
| Terraced |
| Freehold |
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 2004 the House Price Index for REDCAR AND CLEVELAND was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £98,500 results in an estimated price of approximately £188,417.
| 14 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 149.7 | 91.287 % | £98,500 | £89,917 | £188,417 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | 54.215 % | £53,402 | £151,902 |
| 3 Month Average | 92.865 % | £91,472 | £189,972 |
| 6 Month Average | 76.321 % | £75,176 | £173,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £121,741 | £118,000 | 7 RYDAL ROAD |
| 31 Aug 2023 | £122,204 | £120,000 | 8 WINDERMERE DRIVE |
| 13 Mar 2023 | £94,071 | £92,500 | 14 GRASMERE CRESCENT |
| 3 Feb 2023 | £148,995 | £148,000 | 75 HIGH STREET |
| 23 Jan 2023 | £250,620 | £249,950 | MIFALIA MARSKE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Grasmere Crescent | |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Grasmere Crescent |
| Aug 2024 | Anti-social behaviour | On or near Grasmere Crescent | |
| Aug 2024 | Anti-social behaviour | On or near Grasmere Crescent | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grasmere Crescent |