£283,017
This estimated value is based upon the latest sale price for the house of £155,000 on 1 Nov 2005. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £155,000 | 1 Nov 2005 |
| 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 November 2005 the House Price Index for REDCAR AND CLEVELAND was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £155,000 results in an estimated price of approximately £283,017.
| 1 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £155,000 | £128,017 | £283,017 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | 26.406 % | £40,929 | £195,929 |
| 3 Month Average | 58.493 % | £90,663 | £245,663 |
| 6 Month Average | 44.210 % | £68,526 | £223,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £178,484 | £173,000 | 58 MARSHALL DRIVE |
| 31 Oct 2023 | £189,299 | £185,000 | 81 MARSHALL DRIVE |
| 18 Sep 2023 | £194,283 | £190,000 | 16 MARTON GROVE |
| 26 Jan 2023 | £185,496 | £185,000 | 55 MARSHALL DRIVE |
| 23 Jan 2023 | £140,375 | £140,000 | 20 MARWOOD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Poplar Grove |
| Aug 2024 | Drugs | Under investigation | On or near Poplar Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Grove |
| Oct 2024 | Anti-social behaviour | On or near Cedar Grove | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Grove |