£241,421
This estimated value is based upon the latest sale price for the house of £94,050 on 29 Nov 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 |
|---|---|
| £94,050 | 29 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 November 2002 the House Price Index for REDCAR AND CLEVELAND was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £94,050 results in an estimated price of approximately £241,421.
| 29 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £94,050 | £147,371 | £241,421 |
The Postcode Pricing Model uses changes in average sales price within the TS14 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 | 82.394 % | £77,491 | £171,541 |
| 3 Month Average | 119.015 % | £111,933 | £205,983 |
| 6 Month Average | 111.864 % | £105,208 | £199,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £208,081 | £205,000 | 140 THAMES AVENUE |
| 3 Feb 2023 | £274,815 | £275,000 | 89 THAMES AVENUE |
| 27 Jan 2023 | £247,833 | £249,000 | 27 SEVERN DRIVE |
| 12 Aug 2022 | £172,037 | £172,500 | 73 HUTTON LANE |
| 8 Apr 2022 | £200,811 | £195,000 | 16 AVON DRIVE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 10 Jul 2014. Using an estimated price of £241,422 means this house is valued at £2,390 per sq meter (£222 per sq foot).
The average size of a house on SEVERN DRIVE is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Thames Avenue | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lincoln Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hutton Lane Shops |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hutton Lane Shops |
| Dec 2023 | Anti-social behaviour | On or near Hutton Lane Shops |