£271,530
This estimated value is based upon the latest sale price for the house of £96,950 on 26 Jul 2002. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£96,950 | 26 Jul 2002 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 July 2002 the House Price Index for REDCAR AND CLEVELAND was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £96,950 results in an estimated price of approximately £271,530.
26 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £96,950 | £174,580 | £271,530 |
The Postcode Pricing Model uses changes in average sales price within the TS10 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 | 152.511 % | £147,859 | £244,809 |
3 Month Average | 119.681 % | £116,030 | £212,980 |
6 Month Average | 137.173 % | £132,989 | £229,939 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £227,914 | £225,000 | 5 AZALIA GROVE |
15 Sep 2023 | £395,051 | £390,000 | 8 AZALIA GROVE |
16 Jun 2023 | £263,188 | £260,000 | 76 KIRKWOOD DRIVE |
30 Aug 2022 | £241,350 | £242,000 | 74 KIRKWOOD DRIVE |
8 Jul 2022 | £240,648 | £240,000 | 70 CRANBOURNE DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 20 Oct 2016. Using an estimated price of £271,530 means this house is valued at £2,919 per sq meter (£271 per sq foot).
The average size of a house on AZALIA GROVE is 129 sq meters (1,397 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Magnolia Court |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millstone Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Finchdale Close |
Feb 2024 | Anti-social behaviour | On or near Acacia Court | |
Feb 2024 | Anti-social behaviour | On or near Acacia Court |