£90,535
This estimated value is based upon the latest sale price for the house of £68,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£68,000 | 26 Aug 2016 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 August 2016 the House Price Index for REDCAR AND CLEVELAND was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £68,000 results in an estimated price of approximately £90,535.
26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £68,000 | £22,535 | £90,535 |
The Postcode Pricing Model uses changes in average sales price within the TS10 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 | 22.005 % | £14,963 | £82,963 |
3 Month Average | 16.073 % | £10,929 | £78,929 |
6 Month Average | 10.933 % | £7,434 | £75,434 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £93,383 | £92,000 | 11 LAWRENCE STREET |
4 Apr 2023 | £90,980 | £90,000 | 54 LUMLEY ROAD |
26 Jul 2022 | £92,248 | £92,000 | 28 LAWRENCE STREET |
13 Jul 2022 | £76,205 | £76,000 | 4 LAWRENCE STREET |
8 Jul 2022 | £97,262 | £97,000 | 21 LAWRENCE STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 17 Oct 2012. Using an estimated price of £90,536 means this house is valued at £943 per sq meter (£87 per sq foot).
The average size of a house on LUMLEY ROAD is 115 sq meters (1,238 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near George Street |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near George Street |
Mar 2024 | Other crime | Under investigation | On or near Lumley Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lumley Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lumley Road |