£303,297
This estimated value is based upon the latest sale price for the house of £174,200 on 17 Dec 2009. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£174,200 | 17 Dec 2009 |
£163,500 | 23 Apr 2004 |
£73,000 | 30 Jun 2000 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,041 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 December 2009 the House Price Index for REDCAR AND CLEVELAND was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £174,200 results in an estimated price of approximately £303,297.
17 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.109 % | £174,200 | £129,097 | £303,297 |
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 | 13.348 % | £23,252 | £197,452 |
3 Month Average | 4.255 % | £7,412 | £181,612 |
6 Month Average | 20.702 % | £36,062 | £210,262 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £117,112 | £115,000 | 118 ALDENHAM ROAD |
3 Feb 2023 | £251,681 | £250,000 | 58 ALDENHAM ROAD |
18 Jan 2023 | £396,058 | £395,000 | 136 ALDENHAM ROAD |
5 Aug 2022 | £100,470 | £100,000 | FLAT 1 31 GOATHLAND GROVE |
11 Feb 2022 | £73,952 | £70,000 | 86 ALDENHAM ROAD |
This house has a floor area of 96 sq meters or 1,041 sq feet when measured on 12 May 2009. Using an estimated price of £303,298 means this house is valued at £3,133 per sq meter (£291 per sq foot).
The average size of a house on WYKEHAM AVENUE is 100 sq meters (1,083 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Unable to prosecute suspect | On or near Lealholm Way |