£75,406
This estimated value is based upon the latest sale price for the house of £22,000 on 22 May 2001. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £22,000 | 22 May 2001 |
| 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 May 2001 the House Price Index for REDCAR AND CLEVELAND was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £22,000 results in an estimated price of approximately £75,406.
| 22 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £22,000 | £53,406 | £75,406 |
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 | 115.883 % | £25,494 | £47,494 |
| 3 Month Average | 113.728 % | £25,020 | £47,020 |
| 6 Month Average | 169.833 % | £37,363 | £59,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £65,887 | £65,000 | 2 SHINWELL CRESCENT |
| 24 Mar 2023 | £80,761 | £80,000 | 79 BRIGGS AVENUE |
| 17 Mar 2023 | £87,827 | £87,000 | 14 ACHILLES CLOSE |
| 13 Jan 2023 | £85,597 | £86,000 | 37 BRIGGS AVENUE |
| 14 Oct 2022 | £54,414 | £55,000 | 3 RENOWN WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ajax Way |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Ajax Way |
| Feb 2024 | Other theft | Under investigation | On or near Boxer Court |
| Mar 2024 | Burglary | Under investigation | On or near Beaver Court |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beaver Court |