£324,785
This estimated value is based upon the latest sale price for the house of £53,000 on 13 Jun 2024. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £53,000 | 13 Jun 2024 |
| Semi-Detached |
| 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 June 2024 the House Price Index for REDCAR AND CLEVELAND was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £53,000 results in an estimated price of approximately £324,785.
| 13 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £53,000 | £271,785 | £324,785 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | 17.524 % | £9,287 | £62,287 |
| 3 Month Average | 13.890 % | £7,361 | £60,361 |
| 6 Month Average | 7.667 % | £4,063 | £57,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £53,000 | £53,000 | 70 PASSFIELD CRESCENT |
| 16 Apr 2024 | £50,438 | £50,000 | 8 LAWSON CLOSE |
| 3 Nov 2023 | £54,380 | £53,000 | 49 BEVANLEE ROAD |
| 23 Oct 2023 | £60,371 | £59,000 | 154 NORMANBY ROAD |
| 6 Oct 2023 | £83,906 | £82,000 | 28 PASSFIELD CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Passfield Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Passfield Crescent |
| Jul 2024 | Other crime | Under investigation | On or near Passfield Crescent |
| Jul 2024 | Other crime | Under investigation | On or near Passfield Crescent |
| Jul 2024 | Other crime | Under investigation | On or near Passfield Crescent |