£257,222
This estimated value is based upon the latest sale price for the house of £152,000 on 16 Nov 2012. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £152,000 | 16 Nov 2012 |
| £147,000 | 24 Oct 2007 |
| £53,000 | 15 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2012 the House Price Index for REDCAR AND CLEVELAND was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £152,000 results in an estimated price of approximately £257,222.
| 16 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £152,000 | £105,222 | £257,222 |
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 | -48.216 % | £-73,288 | £78,711 |
| 3 Month Average | 15.930 % | £24,214 | £176,214 |
| 6 Month Average | 17.909 % | £27,222 | £179,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £376,292 | £373,000 | 17 WEST AVENUE |
| 23 Aug 2023 | £363,177 | £360,000 | 7 WEST AVENUE |
| 4 Aug 2023 | £226,986 | £225,000 | 62 IRVIN AVENUE |
| 1 Jun 2023 | £278,372 | £275,000 | 6 RIFTS AVENUE |
| 20 Mar 2023 | £252,378 | £250,000 | 9 IRVIN AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 12 Jun 2012. Using an estimated price of £257,223 means this house is valued at £2,890 per sq meter (£268 per sq foot).
The average size of a house on IRVIN AVENUE is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near West Avenue |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near West Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Chine |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Chine |
| Jan 2024 | Public order | Under investigation | On or near North Avenue |