£216,874
This estimated value is based upon the latest sale price for the house of £125,500 on 28 Jan 2011. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£125,500 | 28 Jan 2011 |
£47,000 | 20 Sep 2000 |
£39,250 | 19 Sep 1997 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 913 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 January 2011 the House Price Index for REDCAR AND CLEVELAND was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £125,500 results in an estimated price of approximately £216,874.
28 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.808 % | £125,500 | £91,374 | £216,874 |
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 | 36.365 % | £45,638 | £171,138 |
3 Month Average | 36.709 % | £46,069 | £171,569 |
6 Month Average | 23.705 % | £29,749 | £155,249 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £85,311 | £84,000 | 49 CAITHNESS ROAD |
9 Nov 2023 | £124,254 | £121,100 | 21 HAMILTON GROVE |
31 Mar 2023 | £87,461 | £86,000 | 79 CAITHNESS ROAD |
20 Jan 2023 | £110,295 | £110,000 | 10 HAMILTON GROVE |
2 Nov 2022 | £43,298 | £43,500 | 6 ROXBURGH CLOSE |
This house has a floor area of 84 sq meters or 913 sq feet when measured on 10 Feb 2010. Using an estimated price of £216,875 means this house is valued at £2,554 per sq meter (£237 per sq foot).
The average size of a house on CAITHNESS ROAD is 81 sq meters (881 sq feet).