£283,331
This estimated value is based upon the latest sale price for the house of £180,000 on 28 Mar 2014. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £180,000 | 28 Mar 2014 |
| £88,000 | 3 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 March 2014 the House Price Index for REDCAR AND CLEVELAND was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £180,000 results in an estimated price of approximately £283,331.
| 28 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £180,000 | £103,331 | £283,331 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | -14.125 % | £-25,425 | £154,574 |
| 3 Month Average | -1.740 % | £-3,132 | £176,867 |
| 6 Month Average | 14.582 % | £26,247 | £206,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £141,813 | £140,000 | 9 KENSINGTON AVENUE |
| 6 Apr 2023 | £217,340 | £215,000 | 8 PARKWAY DRIVE |
| 27 Mar 2023 | £267,520 | £265,000 | 14 PARKWAY DRIVE |
| 13 Feb 2023 | £324,781 | £325,000 | 15 REGENCY AVENUE |
| 3 Feb 2023 | £169,886 | £170,000 | 41 HOLLYWALK AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 24 Feb 2014. Using an estimated price of £283,331 means this house is valued at £3,014 per sq meter (£280 per sq foot).
The average size of a house on REGENCY AVENUE is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollywalk Close |
| Mar 2024 | Burglary | Under investigation | On or near Parkway Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkway Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parkway Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Farm Close |