£188,229
This estimated value is based upon the latest sale price for the house of £115,000 on 1 Nov 2013. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£115,000 | 1 Nov 2013 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 863 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 2013 the House Price Index for REDCAR AND CLEVELAND was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £115,000 results in an estimated price of approximately £188,229.
1 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 149.7 | 63.678 % | £115,000 | £73,229 | £188,229 |
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 | 27.840 % | £32,015 | £147,015 |
3 Month Average | 49.172 % | £56,547 | £171,547 |
6 Month Average | 31.598 % | £36,337 | £151,337 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £214,880 | £210,000 | 13 WILTON BANK |
21 Jun 2023 | £250,010 | £245,000 | 6 WILTON BANK |
25 Aug 2022 | £286,339 | £285,000 | 12 LIVERTON WHIN |
5 Aug 2022 | £226,057 | £225,000 | 43 CHESTNUT CLOSE |
29 Apr 2022 | £290,478 | £280,000 | 28 CHESTNUT CLOSE |
This house has a floor area of 80 sq meters or 863 sq feet when measured on 7 Jan 2010. Using an estimated price of £188,229 means this house is valued at £2,346 per sq meter (£218 per sq foot).
The average size of a house on SYCAMORE AVENUE is 90 sq meters (972 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Close |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chestnut Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilton Bank |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |