£158,515
This estimated value is based upon the latest sale price for the house of £133,500 on 21 Sep 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£133,500 | 21 Sep 2020 |
£115,000 | 12 Sep 2016 |
£142,500 | 5 Mar 2007 |
£117,000 | 21 Nov 2003 |
£79,000 | 7 Jun 2002 |
£58,400 | 30 Jun 2000 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 September 2020 the House Price Index for REDCAR AND CLEVELAND was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £133,500 results in an estimated price of approximately £158,515.
21 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £133,500 | £25,015 | £158,515 |
The Postcode Pricing Model uses changes in average sales price within the TS14 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 | 30.262 % | £40,399 | £173,899 |
3 Month Average | 26.363 % | £35,194 | £168,694 |
6 Month Average | 16.073 % | £21,457 | £154,957 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £130,000 | £130,000 | 58 RIEVAULX WAY |
24 Nov 2023 | £201,990 | £199,000 | 74 RIEVAULX WAY |
22 Nov 2023 | £179,660 | £177,000 | 7 MELROSE CRESCENT |
11 Sep 2023 | £162,072 | £160,000 | 6 MELROSE CRESCENT |
1 Sep 2023 | £167,137 | £165,000 | 4 BYLAND CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 20 May 2016. Using an estimated price of £158,515 means this house is valued at £2,686 per sq meter (£249 per sq foot).
The average size of a house on RIEVAULX WAY is 80 sq meters (862 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rievaulx Way |
Feb 2024 | Anti-social behaviour | On or near Rievaulx Way | |
Feb 2024 | Anti-social behaviour | On or near Rievaulx Way | |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Handale Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rockwood Close |