£181,600
This estimated value is based upon the latest sale price for the house of £80,500 on 17 Oct 2003. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£80,500 | 17 Oct 2003 |
£48,250 | 7 Jun 1996 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 October 2003 the House Price Index for REDCAR AND CLEVELAND was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £80,500 results in an estimated price of approximately £181,600.
17 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 149.7 | 125.591 % | £80,500 | £101,100 | £181,600 |
The Postcode Pricing Model uses changes in average sales price within the TS10 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 | 56.649 % | £45,602 | £126,102 |
3 Month Average | 66.394 % | £53,447 | £133,947 |
6 Month Average | 81.968 % | £65,984 | £146,484 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £221,927 | £220,000 | 35 MALVERN AVENUE |
3 Nov 2023 | £165,706 | £161,500 | 45 COTSWOLD DRIVE |
2 Oct 2023 | £124,835 | £122,000 | 17 CHILTERN AVENUE |
4 Aug 2023 | £144,099 | £141,500 | 33 PENNINE CRESCENT |
19 Aug 2022 | £185,869 | £185,000 | 8 MALVERN AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 13 Nov 2015. Using an estimated price of £181,601 means this house is valued at £2,063 per sq meter (£191 per sq foot).
The average size of a house on COTSWOLD DRIVE is 98 sq meters (1,057 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Snowdon Crescent |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Snowdon Crescent |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Snowdon Crescent |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Cotswold Drive |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malvern Avenue |