£206,998
This estimated value is based upon the latest sale price for the house of £55,950 on 25 Aug 2000. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There have been two burglaries within the last year on or near Park Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £55,950 | 25 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 August 2000 the House Price Index for REDCAR AND CLEVELAND was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £55,950 results in an estimated price of approximately £206,998.
| 25 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £55,950 | £151,048 | £206,998 |
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 | 160.511 % | £89,806 | £145,756 |
| 3 Month Average | 142.710 % | £79,846 | £135,796 |
| 6 Month Average | 163.671 % | £91,574 | £147,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £91,352 | £90,000 | 34 LIME ROAD |
| 20 Nov 2023 | £160,374 | £158,000 | 2 LIME ROAD |
| 8 Jun 2023 | £134,631 | £133,000 | 57 LIME ROAD |
| 4 Aug 2022 | £59,839 | £60,000 | 168 LORD STREET |
| 8 Jun 2022 | £90,276 | £89,000 | 16 ELM ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 3 Oct 2018. Using an estimated price of £206,998 means this house is valued at £2,723 per sq meter (£253 per sq foot).
The average size of a house on PARK AVENUE is 116 sq meters (1,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Park Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Park Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Park Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Avenue |