£180,943
This estimated value is based upon the latest sale price for the house of £161,000 on 31 Aug 2021. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £161,000 | 31 Aug 2021 |
| £142,000 | 9 Mar 2020 |
| £119,000 | 9 Oct 2009 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 August 2021 the House Price Index for REDCAR AND CLEVELAND was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £161,000 results in an estimated price of approximately £180,943.
| 31 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £161,000 | £19,943 | £180,943 |
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 | 16.714 % | £26,909 | £187,909 |
| 3 Month Average | 23.851 % | £38,400 | £199,400 |
| 6 Month Average | 29.444 % | £47,404 | £208,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £123,804 | £120,000 | 12 FIR GROVE |
| 1 Dec 2023 | £252,767 | £245,000 | 3 SOUTHWOLD CLOSE |
| 17 Sep 2021 | £157,408 | £145,000 | 1 FIR GROVE |
| 31 Aug 2021 | £180,944 | £161,000 | 6 FIR GROVE |
| 24 Aug 2021 | £292,207 | £260,000 | 7 EXMOUTH CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 10 Sep 2019. Using an estimated price of £180,944 means this house is valued at £2,827 per sq meter (£262 per sq foot).
The average size of a house on FIR GROVE is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rawley Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowslip Drive |
| Sep 2024 | Anti-social behaviour | On or near Cowslip Drive | |
| Sep 2024 | Anti-social behaviour | On or near Cowslip Drive | |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Cowslip Drive |