£487,693
This estimated value is based upon the latest sale price for the house of £155,000 on 18 Jan 2002. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £155,000 | 18 Jan 2002 |
| Detached |
| Freehold |
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 January 2002 the House Price Index for REDCAR AND CLEVELAND was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £155,000 results in an estimated price of approximately £487,693.
| 18 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £155,000 | £332,693 | £487,693 |
The Postcode Pricing Model uses changes in average sales price within the TS12 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 | 224.645 % | £348,199 | £503,199 |
| 3 Month Average | 266.306 % | £412,773 | £567,773 |
| 6 Month Average | 252.620 % | £391,561 | £546,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £343,000 | £343,000 | 10 RIFTS AVENUE |
| 28 May 2024 | £295,000 | £295,000 | 4 MARSKE ROAD |
| 15 Mar 2024 | £502,724 | £495,000 | THE NOOK WEST AVENUE |
| 14 Nov 2023 | £235,990 | £230,000 | 22 THE CHINE |
| 23 Aug 2023 | £379,851 | £373,000 | 17 WEST AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Avenue |
| Aug 2024 | Other crime | Further investigation is not in the public interest | On or near West Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Avenue |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near The Chine |