£159,723
This estimated value is based upon the latest sale price for the house of £85,950 on 26 Nov 2004. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£85,950 | 26 Nov 2004 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 849 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 November 2004 the House Price Index for REDCAR AND CLEVELAND was 78.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 85.833%.Applying this 85.833% change to the original purchase price of £85,950 results in an estimated price of approximately £159,723.
26 Nov 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 146.7 | 85.833 % | £85,950 | £73,773 | £159,723 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | 59.510 % | £51,148 | £137,098 |
3 Month Average | 49.361 % | £42,425 | £128,375 |
6 Month Average | 93.059 % | £79,984 | £165,934 |
This house has a floor area of 78 sq meters or 849 sq feet when measured on 24 Feb 2010.
The average size of a house on FABIAN ROAD is 79 sq meters (857 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Fabian Road |
Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Fabian Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Tenby Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lichfield Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lichfield Avenue |