£2,073
This estimated value is based upon the latest sale price for the house of £1,700 on 7 Jan 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 |
|---|---|
| £1,700 | 7 Jan 2019 |
| £140,500 | 19 Aug 1998 |
| Freehold |
| Floor Area: 65 sq meters or 699 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 January 2019 the House Price Index for REDCAR AND CLEVELAND was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.956%.Applying this 21.956% change to the original purchase price of £1,700 results in an estimated price of approximately £2,073.
| 7 Jan 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.956 % | £1,700 | £373 | £2,073 |
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 | 25.781 % | £438 | £2,138 |
| 3 Month Average | 31.208 % | £530 | £2,230 |
| 6 Month Average | 26.167 % | £444 | £2,144 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 8 Jan 2015.
The average size of a house on FANACURT ROAD is 135 sq meters (1,460 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Rowland Keld |
| Mar 2024 | Burglary | Under investigation | On or near Lucerne Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Avenue |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rowan Avenue |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Latimer Lane |