£177,905
This estimated value is based upon the latest sale price for the house of £174,995 on 11 Apr 2022. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £174,995 | 11 Apr 2022 |
| £129,000 | 27 Mar 2015 |
| £49,000 | 25 Feb 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 April 2022 the House Price Index for REDCAR AND CLEVELAND was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £174,995 results in an estimated price of approximately £177,905.
| 11 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 146.7 | 1.663 % | £174,995 | £2,910 | £177,905 |
The Postcode Pricing Model uses changes in average sales price within the TS10 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 | 24.049 % | £42,084 | £217,079 |
| 3 Month Average | -0.385 % | £-674 | £174,320 |
| 6 Month Average | 5.643 % | £9,875 | £184,870 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 May 2015.
The average size of a house on DERWENT ROAD is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forth Road |
| Mar 2024 | Anti-social behaviour | On or near Gordon Road | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Severn Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Severn Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Severn Road |