£716,306
This estimated value is based upon the latest sale price for the house of £650,000 on 25 Oct 2021. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £650,000 | 25 Oct 2021 |
| 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 2021 the House Price Index for REDCAR AND CLEVELAND was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £650,000 results in an estimated price of approximately £716,306.
| 25 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £650,000 | £66,306 | £716,306 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | 2.396 % | £15,574 | £665,574 |
| 3 Month Average | 0.753 % | £4,896 | £654,896 |
| 6 Month Average | -3.769 % | £-24,501 | £625,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £116,097 | £114,999 | 2 JONES ROAD |
| 26 Jul 2023 | £21,201 | £21,000 | 9 KING STREET |
| 9 Jun 2023 | £77,629 | £77,000 | 79 STEELE CRESCENT |
| 6 Apr 2023 | £30,225 | £30,000 | 77 - 79 NORMANBY ROAD |
| 17 Mar 2023 | £62,840 | £62,500 | 9 STEELE CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jones Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near John Boyle Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strauss Road |
| Mar 2024 | Drugs | Under investigation | On or near Strauss Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strauss Road |