£197,253
This estimated value is based upon the latest sale price for the house of £40,000 on 5 Dec 1997. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £40,000 | 5 Dec 1997 |
| 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 December 1997 the House Price Index for REDCAR AND CLEVELAND was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £40,000 results in an estimated price of approximately £197,253.
| 5 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 149.7 | 393.133 % | £40,000 | £157,253 | £197,253 |
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 | 204.992 % | £81,996 | £121,996 |
| 3 Month Average | 222.034 % | £88,813 | £128,813 |
| 6 Month Average | 206.332 % | £82,532 | £122,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £275,000 | £275,000 | 35 BEVERLEY ROAD |
| 12 Apr 2024 | £186,616 | £184,995 | 1 BEVERLEY ROAD |
| 1 Nov 2023 | £117,995 | £115,000 | 22 LINCOLN ROAD |
| 25 Sep 2023 | £137,021 | £134,000 | 14 LINCOLN ROAD |
| 19 Sep 2023 | £164,629 | £161,000 | 43 BEVERLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Beverley Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Beverley Road |
| Oct 2024 | Other theft | Under investigation | On or near Norwich Road |
| Oct 2024 | Anti-social behaviour | On or near Norwich Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lincoln Road |