£158,305
This estimated value is based upon the latest sale price for the house of £125,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £125,000 | 15 Dec 2017 |
| £39,000 | 12 Aug 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2017 the House Price Index for REDCAR AND CLEVELAND was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £125,000 results in an estimated price of approximately £158,305.
| 15 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £125,000 | £33,305 | £158,305 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | 27.164 % | £33,954 | £158,954 |
| 3 Month Average | 57.949 % | £72,436 | £197,436 |
| 6 Month Average | 45.451 % | £56,814 | £181,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £136,183 | £135,000 | 3 CLIFFDEN COURT SALTBURN LANE |
| 8 Dec 2023 | £123,804 | £120,000 | 3 PAGES MEWS |
| 6 Oct 2023 | £209,764 | £205,000 | 5 BALMORAL TERRACE |
| 14 Apr 2023 | £244,575 | £240,000 | FLAT 15 THE ZETLAND MARINE PARADE |
| 27 Jan 2023 | £120,321 | £120,000 | 6 CLIFFDEN COURT SALTBURN LANE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 22 Nov 2016. Using an estimated price of £158,306 means this house is valued at £2,777 per sq meter (£258 per sq foot).
The average size of a house on SALTBURN LANE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Saltburn Bank |
| Aug 2024 | Anti-social behaviour | On or near Saltburn Bank | |
| Aug 2024 | Drugs | Formal action is not in the public interest | On or near Saltburn Bank |
| Aug 2024 | Anti-social behaviour | On or near Saltburn Bank | |
| Aug 2024 | Anti-social behaviour | On or near Saltburn Bank |