£345,912
This estimated value is based upon the latest sale price for the house of £280,000 on 4 Oct 2019. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£280,000 | 4 Oct 2019 |
£249,995 | 7 Dec 2015 |
Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 October 2019 the House Price Index for REDCAR AND CLEVELAND was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £280,000 results in an estimated price of approximately £345,912.
4 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £280,000 | £65,912 | £345,912 |
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 | 14.964 % | £41,899 | £321,899 |
3 Month Average | -0.023 % | £-65 | £279,934 |
6 Month Average | 16.623 % | £46,545 | £326,545 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £311,620 | £306,000 | 40 HUNTERS PLACE |
7 Aug 2023 | £220,986 | £217,000 | 10 PROVIDENCE DRIVE |
29 Apr 2022 | £63,283 | £61,000 | 22 DERBY ROAD |
4 Apr 2022 | £99,593 | £96,000 | 16 DERBY ROAD |
25 Mar 2022 | £307,960 | £295,000 | 18 PROVIDENCE DRIVE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 24 Feb 2016. Using an estimated price of £345,912 means this house is valued at £2,931 per sq meter (£272 per sq foot).
The average size of a house on PROVIDENCE DRIVE is 100 sq meters (1,083 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Providence Drive |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Providence Drive |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Providence Drive |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Providence Drive |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Providence Drive |