£141,275
This estimated value is based upon the latest sale price for the house of £110,000 on 4 Jul 2017. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £110,000 | 4 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 July 2017 the House Price Index for REDCAR AND CLEVELAND was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £110,000 results in an estimated price of approximately £141,275.
| 4 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £110,000 | £31,275 | £141,275 |
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 | 25.686 % | £28,255 | £138,255 |
| 3 Month Average | 8.806 % | £9,686 | £119,686 |
| 6 Month Average | 17.913 % | £19,703 | £129,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £88,000 | £88,000 | 1 BELMONT AVENUE |
| 17 Nov 2023 | £112,865 | £110,000 | 24 BELMONT AVENUE |
| 5 Apr 2023 | £112,097 | £110,000 | 29 BELMONT AVENUE |
| 3 Mar 2023 | £106,783 | £105,000 | 265A NORMANBY ROAD |
| 16 Jan 2023 | £130,348 | £130,000 | 30 BELMONT AVENUE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 4 Mar 2015. Using an estimated price of £141,276 means this house is valued at £1,250 per sq meter (£116 per sq foot).
The average size of a house on NORMANBY ROAD is 119 sq meters (1,288 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Parking Area | |
| Oct 2024 | Anti-social behaviour | On or near Parking Area | |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Anti-social behaviour | On or near Parking Area | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |