£137,950
This estimated value is based upon the latest sale price for the house of £115,000 on 17 Mar 2020. 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 Tees Road
More crime details
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| Price Paid | Date |
|---|---|
| £115,000 | 17 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2020 the House Price Index for REDCAR AND CLEVELAND was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £115,000 results in an estimated price of approximately £137,950.
| 17 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £115,000 | £22,950 | £137,950 |
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 | 17.286 % | £19,879 | £134,879 |
| 3 Month Average | 15.199 % | £17,479 | £132,479 |
| 6 Month Average | 5.472 % | £6,292 | £121,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £230,000 | £230,000 | 2 TEES ROAD |
| 18 Mar 2024 | £207,702 | £207,000 | 11A THAMES AVENUE |
| 31 Aug 2023 | £166,010 | £165,000 | 9 DERWENT AVENUE |
| 26 Apr 2023 | £207,543 | £206,000 | 6 TEES ROAD |
| 1 Mar 2023 | £251,359 | £250,000 | 63 THAMES AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Dec 2019. Using an estimated price of £137,951 means this house is valued at £2,028 per sq meter (£188 per sq foot).
The average size of a house on DERWENT AVENUE is 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Tees Road |
| Mar 2024 | Anti-social behaviour | On or near Thames Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Thames Avenue | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hutton Lane Shops |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hutton Lane Shops |