£1,214,309
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Jan 1998. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Green Scar
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| Price Paid | Date |
|---|---|
| £250,000 | 23 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 January 1998 the House Price Index for REDCAR AND CLEVELAND was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £250,000 results in an estimated price of approximately £1,214,309.
| 23 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 149.7 | 385.724 % | £250,000 | £964,309 | £1,214,309 |
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 | 239.413 % | £598,531 | £848,531 |
| 3 Month Average | 218.904 % | £547,260 | £797,260 |
| 6 Month Average | 204.238 % | £510,595 | £760,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £184,183 | £180,000 | 6 TORCROSS WAY |
| 20 Mar 2023 | £177,972 | £175,000 | 23 TORCROSS WAY |
| 22 Jul 2022 | £257,581 | £255,000 | 42 TORCROSS WAY |
| 11 May 2022 | £292,623 | £285,000 | 4 TREVARRIAN DRIVE |
| 8 Apr 2022 | £191,923 | £185,000 | 31 TREVARRIAN DRIVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 14 Nov 2014. Using an estimated price of £1,214,310 means this house is valued at £11,348 per sq meter (£1,054 per sq foot).
The average size of a house on TORCROSS WAY is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Green Scar |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Green Scar |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Green Scar |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Green Scar |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lavan Court |