£205,966
This estimated value is based upon the latest sale price for the house of £73,000 on 26 Jul 2002. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There have been two burglaries within the last year on or near Dew Lane
More crime details
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| Price Paid | Date |
|---|---|
| £73,000 | 26 Jul 2002 |
| 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 July 2002 the House Price Index for REDCAR AND CLEVELAND was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £73,000 results in an estimated price of approximately £205,966.
| 26 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £73,000 | £132,966 | £205,966 |
The Postcode Pricing Model uses changes in average sales price within the TS7 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 | 71.783 % | £52,401 | £125,401 |
| 3 Month Average | 118.966 % | £86,845 | £159,845 |
| 6 Month Average | 119.594 % | £87,303 | £160,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £102,324 | £100,000 | 22 ALWINTON COURT |
| 15 Sep 2023 | £171,787 | £168,000 | 5 SUNNYFIELD |
| 1 Sep 2023 | £39,879 | £39,000 | 16A WELBURN GROVE |
| 9 Jun 2023 | £174,497 | £171,000 | 6 DEW LANE |
| 6 Mar 2023 | £76,274 | £75,000 | 16 CORNHILL WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dew Lane |
| Sep 2024 | Burglary | Under investigation | On or near Dew Lane |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Dew Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Drive |
| Aug 2024 | Anti-social behaviour | On or near Bywell Grove |