£245,492
This estimated value is based upon the latest sale price for the house of £139,000 on 31 Mar 2006. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £139,000 | 31 Mar 2006 |
| £43,000 | 28 Jul 2000 |
| Semi-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 March 2006 the House Price Index for REDCAR AND CLEVELAND was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £139,000 results in an estimated price of approximately £245,492.
| 31 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £139,000 | £106,492 | £245,492 |
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 | 44.485 % | £61,834 | £200,834 |
| 3 Month Average | 34.089 % | £47,383 | £186,383 |
| 6 Month Average | 24.356 % | £33,855 | £172,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £220,000 | £220,000 | 35 MALVERN AVENUE |
| 3 Nov 2023 | £163,927 | £161,500 | 45 COTSWOLD DRIVE |
| 4 Aug 2023 | £142,749 | £141,500 | 33 PENNINE CRESCENT |
| 19 Aug 2022 | £184,503 | £185,000 | 8 MALVERN AVENUE |
| 22 Jun 2022 | £213,010 | £210,000 | 16 PENNINE CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Snowdon Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cotswold Drive |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Malvern Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malvern Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malvern Avenue |