£208,528
This estimated value is based upon the latest sale price for the house of £199,950 on 4 Mar 2024. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £199,950 | 4 Mar 2024 |
| Detached |
| 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 March 2024 the House Price Index for REDCAR AND CLEVELAND was 97.9.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 4.290%.Applying this 4.290% change to the original purchase price of £199,950 results in an estimated price of approximately £208,528.
| 4 Mar 2024 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.9 | 102.1 | 4.290 % | £199,950 | £8,578 | £208,528 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | 67.238 % | £134,441 | £334,391 |
| 3 Month Average | 36.548 % | £73,077 | £273,027 |
| 6 Month Average | 4.554 % | £9,105 | £209,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £112,648 | £110,000 | 5 OLD ROW |
| 15 May 2024 | £123,883 | £120,000 | 159 MEADOWGATE |
| 10 May 2024 | £144,530 | £140,000 | 6 CLIFFWOOD CLOSE |
| 22 Mar 2024 | £146,006 | £140,000 | 137 MEADOWGATE |
| 4 Mar 2024 | £203,314 | £194,950 | 12 MEADOWGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Stonegate |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stonegate |
| Dec 2024 | Burglary | Investigation complete; no suspect identified | On or near Maygate |