£363,934
This estimated value is based upon the latest sale price for the house of £360,000 on 28 Feb 2024. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Latimer Lane
More crime details
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| Price Paid | Date |
|---|---|
| £360,000 | 28 Feb 2024 |
| 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 February 2024 the House Price Index for REDCAR AND CLEVELAND was 146.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.093%.Applying this 1.093% change to the original purchase price of £360,000 results in an estimated price of approximately £363,934.
| 28 Feb 2024 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.0 | 1.093 % | £360,000 | £3,934 | £363,934 |
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 | -31.921 % | £-114,916 | £245,083 |
| 3 Month Average | -0.206 % | £-742 | £359,257 |
| 6 Month Average | -2.544 % | £-9,156 | £350,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £230,000 | £230,000 | 2 TEES ROAD |
| 26 Apr 2023 | £207,543 | £206,000 | 6 TEES ROAD |
| 1 Mar 2023 | £251,359 | £250,000 | 63 THAMES AVENUE |
| 17 Jan 2023 | £292,431 | £295,000 | 2 ST LEONARDS ROAD |
| 27 May 2022 | £228,395 | £225,000 | 100 THAMES AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Latimer Lane | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Latimer Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Latimer Lane |
| Mar 2024 | Anti-social behaviour | On or near Latimer Lane | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Latimer Lane |