£178,085
This estimated value is based upon the latest sale price for the house of £165,000 on 7 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 |
|---|---|
| £165,000 | 7 Dec 2021 |
| £95,000 | 31 Mar 2021 |
| £100,000 | 24 May 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 £165,000 results in an estimated price of approximately £178,085.
| 7 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £165,000 | £13,085 | £178,085 |
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 % | £30,193 | £195,193 |
| 3 Month Average | 20.942 % | £34,554 | £199,554 |
| 6 Month Average | 10.912 % | £18,004 | £183,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £100,000 | £100,000 | 29 CHURCHILL ROAD |
| 22 Sep 2023 | £83,848 | £82,000 | 56 LICHFIELD AVENUE |
| 31 Aug 2023 | £142,571 | £140,000 | 17 CHURCHILL ROAD |
| 18 Aug 2023 | £152,755 | £150,000 | 31 CHURCHILL ROAD |
| 8 Aug 2023 | £113,650 | £111,600 | 11 DURHAM ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 21 Mar 2013. Using an estimated price of £178,086 means this house is valued at £2,919 per sq meter (£271 per sq foot).
The average size of a house on DURHAM ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Whitby Avenue |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitby Avenue |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whitby Avenue |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hexham Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lichfield Avenue |