£128,745
This estimated value is based upon the latest sale price for the house of £56,000 on 5 Sep 2003. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £56,000 | 5 Sep 2003 |
| 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 September 2003 the House Price Index for REDCAR AND CLEVELAND was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £56,000 results in an estimated price of approximately £128,745.
| 5 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £56,000 | £72,745 | £128,745 |
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 | 63.709 % | £35,677 | £91,677 |
| 3 Month Average | 70.065 % | £39,236 | £95,236 |
| 6 Month Average | 84.818 % | £47,497 | £103,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £95,000 | £95,000 | 7 CONISTON AVENUE |
| 7 Jun 2024 | £140,000 | £140,000 | 2 ONTARIO CRESCENT |
| 25 Mar 2024 | £137,107 | £135,000 | 5 ONTARIO CRESCENT |
| 15 Mar 2024 | £111,716 | £110,000 | 11 RYDAL AVENUE |
| 1 Dec 2023 | £123,804 | £120,000 | 3 LAKES AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucerne Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucerne Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucerne Road |
| Jun 2024 | Criminal damage and arson | Awaiting court outcome | On or near Lucerne Road |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lucerne Road |