£178,719
This estimated value is based upon the latest sale price for the house of £145,000 on 24 Feb 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £145,000 | 24 Feb 2020 |
| £120,000 | 19 Aug 2011 |
| £44,000 | 1 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 February 2020 the House Price Index for REDCAR AND CLEVELAND was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £145,000 results in an estimated price of approximately £178,719.
| 24 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £145,000 | £33,719 | £178,719 |
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 | 46.882 % | £67,978 | £212,978 |
| 3 Month Average | 22.055 % | £31,979 | £176,979 |
| 6 Month Average | 17.187 % | £24,920 | £169,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £115,000 | £115,000 | 1 LOTHIAN GROVE |
| 4 Apr 2024 | £212,848 | £211,000 | 4 CORPORATION ROAD |
| 21 Aug 2023 | £131,369 | £129,000 | 17 TRUNK ROAD |
| 9 Aug 2023 | £114,566 | £112,500 | 18 DUNCAN AVENUE |
| 23 Jun 2023 | £224,499 | £220,000 | 7 GORDON ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 20 Feb 2019. Using an estimated price of £178,719 means this house is valued at £1,441 per sq meter (£133 per sq foot).
The average size of a house on GORDON ROAD is 92 sq meters (994 sq feet).
This house is the largest in the street with a floor area of 124 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |