£507,400
This estimated value is based upon the latest sale price for the house of £310,000 on 29 Nov 2013. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £310,000 | 29 Nov 2013 |
| £79,750 | 12 Dec 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 November 2013 the House Price Index for REDCAR AND CLEVELAND was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £310,000 results in an estimated price of approximately £507,400.
| 29 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £310,000 | £197,400 | £507,400 |
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 | 27.840 % | £86,303 | £396,303 |
| 3 Month Average | 49.172 % | £152,432 | £462,432 |
| 6 Month Average | 31.598 % | £97,954 | £407,954 |
| 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 |
| 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Saltburn Bank |