£312,318
This estimated value is based upon the latest sale price for the house of £211,000 on 7 Apr 2015. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £211,000 | 7 Apr 2015 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 April 2015 the House Price Index for REDCAR AND CLEVELAND was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £211,000 results in an estimated price of approximately £312,318.
| 7 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £211,000 | £101,318 | £312,318 |
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 | 14.457 % | £30,504 | £241,504 |
| 3 Month Average | 23.647 % | £49,894 | £260,894 |
| 6 Month Average | 17.988 % | £37,955 | £248,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £251,381 | £245,000 | 48 BRACKENBERRY CRESCENT |
| 22 Aug 2023 | £407,347 | £400,000 | 1 COQUET CLOSE |
| 10 Aug 2023 | £162,939 | £160,000 | 5 HARWICH CLOSE |
| 19 Jun 2023 | £244,903 | £239,995 | 31 HOLYHEAD DRIVE |
| 28 Apr 2023 | £219,098 | £215,000 | 1 HARWICH CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 1 May 2014. Using an estimated price of £312,318 means this house is valued at £2,865 per sq meter (£266 per sq foot).
The average size of a house on BRACKENBERRY CRESCENT is 124 sq meters (1,344 sq feet).