£115,463
This estimated value is based upon the latest sale price for the house of £92,000 on 29 Jan 2018. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £92,000 | 29 Jan 2018 |
| £80,000 | 13 Mar 2015 |
| Semi-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 January 2018 the House Price Index for REDCAR AND CLEVELAND was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £92,000 results in an estimated price of approximately £115,463.
| 29 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £92,000 | £23,463 | £115,463 |
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 | 57.328 % | £52,741 | £144,741 |
| 3 Month Average | 18.236 % | £16,777 | £108,777 |
| 6 Month Average | 10.865 % | £9,996 | £101,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £119,500 | £119,500 | 31 RUNSWICK AVENUE |
| 15 Sep 2023 | £102,308 | £101,000 | 8 HINDERWELL AVENUE |
| 21 Aug 2023 | £131,147 | £130,000 | 38 STAITHES ROAD |
| 28 Jul 2023 | £177,387 | £175,000 | 29 STAITHES ROAD |
| 28 Oct 2022 | £132,573 | £134,000 | 7 RUNSWICK AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 27 Feb 2015. Using an estimated price of £115,464 means this house is valued at £1,178 per sq meter (£109 per sq foot).
The average size of a house on STAITHES ROAD is 90 sq meters (972 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Huntcliffe Avenue |
| Mar 2024 | Anti-social behaviour | On or near Stockdale Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Stockdale Avenue | |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Stockdale Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stockdale Avenue |