£199,671
This estimated value is based upon the latest sale price for the house of £185,000 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £185,000 | 10 Dec 2021 |
| £140,000 | 15 Mar 2019 |
| £112,500 | 10 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2021 the House Price Index for REDCAR AND CLEVELAND was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £185,000 results in an estimated price of approximately £199,671.
| 10 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £185,000 | £14,671 | £199,671 |
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 | 18.299 % | £33,853 | £218,853 |
| 3 Month Average | 20.942 % | £38,743 | £223,743 |
| 6 Month Average | 10.912 % | £20,187 | £205,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £160,465 | £158,000 | 45 BEXLEY DRIVE |
| 8 Dec 2023 | £170,231 | £165,000 | 38 REGENCY AVENUE |
| 10 Feb 2023 | £156,042 | £155,000 | 79 GUILDFORD ROAD |
| 1 Apr 2022 | £83,512 | £80,500 | 22 GUILDFORD COURT |
| 29 Mar 2022 | £161,288 | £154,500 | 29 REGENCY AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 9 Mar 2017. Using an estimated price of £199,672 means this house is valued at £2,980 per sq meter (£276 per sq foot).
The average size of a house on REGENCY AVENUE is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woking Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Woking Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woking Close |
| Oct 2024 | Anti-social behaviour | On or near Gainsborough Close | |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Gainsborough Close |