£461,262
This estimated value is based upon the latest sale price for the house of £295,000 on 14 Dec 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 |
|---|---|
| £295,000 | 14 Dec 2007 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 December 2007 the House Price Index for REDCAR AND CLEVELAND was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £295,000 results in an estimated price of approximately £461,262.
| 14 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £295,000 | £166,262 | £461,262 |
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 | 38.760 % | £114,340 | £409,340 |
| 3 Month Average | 35.154 % | £103,702 | £398,702 |
| 6 Month Average | 33.156 % | £97,809 | £392,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £343,000 | £343,000 | 10 RIFTS AVENUE |
| 28 May 2024 | £295,000 | £295,000 | 4 MARSKE ROAD |
| 15 Mar 2024 | £502,724 | £495,000 | THE NOOK WEST AVENUE |
| 14 Nov 2023 | £235,990 | £230,000 | 22 THE CHINE |
| 23 Aug 2023 | £379,851 | £373,000 | 17 WEST AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 25 Jul 2016. Using an estimated price of £461,262 means this house is valued at £4,612 per sq meter (£428 per sq foot).
The average size of a house on WEST AVENUE is 192 sq meters (2,067 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Avenue |
| Aug 2024 | Other crime | Further investigation is not in the public interest | On or near West Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Avenue |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Chine |