£252,544
This estimated value is based upon the latest sale price for the house of £155,000 on 29 Mar 2007. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £155,000 | 29 Mar 2007 |
| Semi-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 March 2007 the House Price Index for REDCAR AND CLEVELAND was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £155,000 results in an estimated price of approximately £252,544.
| 29 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £155,000 | £97,544 | £252,544 |
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 | 50.185 % | £77,786 | £232,786 |
| 3 Month Average | 39.938 % | £61,904 | £216,904 |
| 6 Month Average | 25.057 % | £38,838 | £193,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £156,358 | £155,000 | 21 DERWENT AVENUE |
| 18 Mar 2024 | £210,230 | £207,000 | 11A THAMES AVENUE |
| 10 Nov 2023 | £210,339 | £205,000 | 140 THAMES AVENUE |
| 20 Oct 2023 | £195,388 | £190,950 | 48 SEVERN DRIVE |
| 9 Oct 2023 | £373,483 | £365,000 | 6 AVON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Thames Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Thames Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Thames Avenue | |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Avon Drive |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lincoln Road |