£1,043,000
This estimated value is based upon the latest sale price for the house of £201,000 on 24 Oct 1997. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£201,000 | 24 Oct 1997 |
Detached |
Freehold |
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 October 1997 the House Price Index for REDCAR AND CLEVELAND was 20.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 418.905%.Applying this 418.905% change to the original purchase price of £201,000 results in an estimated price of approximately £1,043,000.
24 Oct 1997 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
20.1 | 104.3 | 418.905 % | £201,000 | £842,000 | £1,043,000 |
The Postcode Pricing Model uses changes in average sales price within the TS13 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 | 306.782 % | £616,631 | £817,631 |
3 Month Average | 276.520 % | £555,806 | £756,806 |
6 Month Average | 246.490 % | £495,444 | £696,444 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Sep 2024 | £346,268 | £330,000 | 6 WHEATLANDS DRIVE |
22 Aug 2024 | £409,637 | £390,000 | 1 DALE VIEW |
19 Dec 2023 | £268,538 | £250,000 | 14 RYELANDS PARK |
2 Nov 2023 | £812,172 | £760,000 | WAUPLEY NEW INN |
6 Sep 2023 | £361,488 | £340,000 | 1 SPRINGHOUSE COTTAGES |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Other theft | Under investigation | On or near Mars Lane |
Mar 2025 | Other theft | Investigation complete; no suspect identified | On or near Mars Lane |