£590,537
This estimated value is based upon the latest sale price for the house of £345,000 on 31 Mar 2010. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Lucerne Drive
More crime details
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| Price Paid | Date |
|---|---|
| £345,000 | 31 Mar 2010 |
| Detached |
| Freehold |
| Floor Area: 180 sq meters or 1,943 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 March 2010 the House Price Index for REDCAR AND CLEVELAND was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £345,000 results in an estimated price of approximately £590,537.
| 31 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.170 % | £345,000 | £245,537 | £590,537 |
The Postcode Pricing Model uses changes in average sales price within the TS14 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 | 63.413 % | £218,774 | £563,774 |
| 3 Month Average | 42.218 % | £145,650 | £490,650 |
| 6 Month Average | 28.734 % | £99,131 | £444,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Oct 2024 | £225,000 | £225,000 | 12 ROWLAND KELD |
| 1 Mar 2024 | £355,461 | £350,000 | 12 CAMPION DRIVE |
| 22 Nov 2023 | £289,345 | £282,000 | 14 BRACKEN CRESCENT |
| 27 Sep 2023 | £398,791 | £390,000 | 5 ROWAN AVENUE |
| 12 Jun 2023 | £183,681 | £180,000 | 8 ROWLAND KELD |
This house has a floor area of 180 sq meters or 1,943 sq feet when measured on 13 Jul 2009. Using an estimated price of £590,537 means this house is valued at £3,269 per sq meter (£303 per sq foot).
There is one other house on the street which we know the size of, this is 6 TREFOIL CLOSE it is 98.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Lucerne Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucerne Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Avenue |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rowan Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Avenue |