£338,071
This estimated value is based upon the latest sale price for the house of £315,000 on 3 Sep 2021. 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 |
|---|---|
| £315,000 | 3 Sep 2021 |
| £225,000 | 26 Jul 2013 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 September 2021 the House Price Index for REDCAR AND CLEVELAND was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £315,000 results in an estimated price of approximately £338,071.
| 3 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £315,000 | £23,071 | £338,071 |
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 | 3.135 % | £9,874 | £324,874 |
| 3 Month Average | 10.911 % | £34,368 | £349,368 |
| 6 Month Average | -1.436 % | £-4,523 | £310,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £351,186 | £350,000 | 12 CAMPION DRIVE |
| 22 Nov 2023 | £285,667 | £282,000 | 14 BRACKEN CRESCENT |
| 12 Jun 2023 | £181,471 | £180,000 | 8 ROWLAND KELD |
| 12 Jun 2023 | £247,003 | £245,000 | 13 BRACKEN CRESCENT |
| 6 Feb 2023 | £313,517 | £315,000 | 11 HAWTHORN DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 13 Aug 2021. Using an estimated price of £338,071 means this house is valued at £3,449 per sq meter (£320 per sq foot).
There is one other house on the street which we know the size of, this is 5 TREFOIL CLOSE it is 180.6
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lucerne Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lucerne Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Avenue |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rowan Avenue |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Primrose Close |