£140,755
This estimated value is based upon the latest sale price for the house of £100,000 on 3 May 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 |
---|---|
£100,000 | 3 May 2016 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 May 2016 the House Price Index for REDCAR AND CLEVELAND was 74.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 40.756%.Applying this 40.756% change to the original purchase price of £100,000 results in an estimated price of approximately £140,755.
3 May 2016 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
74.1 | 104.3 | 40.756 % | £100,000 | £40,755 | £140,755 |
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 | 17.642 % | £17,642 | £117,642 |
3 Month Average | 22.214 % | £22,213 | £122,213 |
6 Month Average | 37.371 % | £37,371 | £137,371 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2025 | £137,103 | £135,000 | 116 IRVIN AVENUE |
28 Feb 2025 | £218,350 | £215,000 | 48 MARSKE ROAD |
11 Dec 2024 | £134,115 | £130,000 | 14 JOHNSTON AVENUE |
9 Aug 2024 | £110,287 | £105,000 | 44 QUEENSWAY |
18 Mar 2024 | £245,537 | £230,000 | 30 MARTON GILL |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Feb 2014. Using an estimated price of £140,756 means this house is valued at £1,617 per sq meter (£150 per sq foot).
The average size of a house on THE PARKWAY is 100 sq meters (1,086 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near The Parkway |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near The Parkway |
Feb 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marshall Close |
Feb 2025 | Anti-social behaviour | On or near Marton Gill | |
Feb 2025 | Anti-social behaviour | On or near Marton Gill |