£378,547
This estimated value is based upon the latest sale price for the house of £227,000 on 21 Dec 2006. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £227,000 | 21 Dec 2006 |
| £193,500 | 5 Apr 2004 |
| £128,500 | 4 Apr 2003 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 December 2006 the House Price Index for REDCAR AND CLEVELAND was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £227,000 results in an estimated price of approximately £378,547.
| 21 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £227,000 | £151,547 | £378,547 |
The Postcode Pricing Model uses changes in average sales price within the TS14 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 | 50.230 % | £114,022 | £341,022 |
| 3 Month Average | 39.134 % | £88,835 | £315,835 |
| 6 Month Average | 22.231 % | £50,464 | £277,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £180,548 | £175,000 | 4 BELMANGATE |
| 29 Sep 2023 | £137,532 | £134,500 | 11 ADMIRAL CHALONER HOUSE WHITBY LANE |
| 8 Sep 2023 | £309,319 | £302,500 | 50 BELMANGATE |
| 10 Mar 2023 | £122,038 | £120,000 | 9 ADMIRAL CHALONER HOUSE WHITBY LANE |
| 8 Mar 2023 | £123,055 | £121,000 | 9 BELMONT TERRACE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 6 Jan 2014. Using an estimated price of £378,547 means this house is valued at £3,208 per sq meter (£298 per sq foot).
The average size of a house on BELMANGATE is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Street |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orchard Drive |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Whitby Avenue |
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Whitby Avenue |