£151,180
This estimated value is based upon the latest sale price for the house of £113,995 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £113,995 | 29 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 July 2016 the House Price Index for REDCAR AND CLEVELAND was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.620%.Applying this 32.620% change to the original purchase price of £113,995 results in an estimated price of approximately £151,180.
| 29 Jul 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.620 % | £113,995 | £37,185 | £151,180 |
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 | 26.441 % | £30,141 | £144,136 |
| 3 Month Average | 17.386 % | £19,819 | £133,814 |
| 6 Month Average | 12.448 % | £14,189 | £128,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2022 | £59,597 | £60,000 | 191 TROUTBECK ROAD |
| 27 May 2022 | £137,037 | £135,000 | 104 MERSEY ROAD |
| 28 Apr 2022 | £162,564 | £158,500 | 59 MERSEY ROAD |
| 30 Mar 2022 | £136,750 | £132,500 | 17 ROWANTREE GARDENS |
| 10 Dec 2021 | £117,376 | £110,000 | 5 ROWANTREE GARDENS |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 7 Jul 2016. Using an estimated price of £151,180 means this house is valued at £2,129 per sq meter (£197 per sq foot).
The average size of a house on MERSEY ROAD is 99 sq meters (1,067 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rowantree Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rowantree Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowantree Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carrock Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Calder Grove |