£113,630
This estimated value is based upon the latest sale price for the house of £59,995 on 30 Jan 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 |
|---|---|
| £59,995 | 30 Jan 2005 |
| Flats/Maisonettes |
| Leasehold |
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 2005 the House Price Index for REDCAR AND CLEVELAND was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £59,995 results in an estimated price of approximately £113,630.
| 30 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 149.7 | 89.400 % | £59,995 | £53,635 | £113,630 |
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 | 64.378 % | £38,623 | £98,618 |
| 3 Month Average | 45.038 % | £27,020 | £87,015 |
| 6 Month Average | 34.811 % | £20,884 | £80,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £61,511 | £59,950 | 31 LABURNUM HOUSE COATHAM ROAD |
| 12 Jun 2023 | £52,043 | £51,000 | 12 LABURNUM HOUSE COATHAM ROAD |
| 19 Jan 2023 | £68,684 | £68,500 | 14 LABURNUM HOUSE COATHAM ROAD |
| 19 Jul 2022 | £65,658 | £65,000 | 16 LABURNUM HOUSE COATHAM ROAD |
| 30 Mar 2022 | £120,052 | £115,000 | 56 COATHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Rainbow Lane |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rainbow Lane |
| Aug 2024 | Anti-social behaviour | On or near Rainbow Lane | |
| Aug 2024 | Anti-social behaviour | On or near Rainbow Lane | |
| Aug 2024 | Anti-social behaviour | On or near Rainbow Lane |