£510,838
This estimated value is based upon the latest sale price for the house of £350,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £350,000 | 1 May 2015 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 May 2015 the House Price Index for REDCAR AND CLEVELAND was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £350,000 results in an estimated price of approximately £510,838.
| 1 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £350,000 | £160,838 | £510,838 |
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 | 0.220 % | £771 | £350,771 |
| 3 Month Average | 21.618 % | £75,664 | £425,664 |
| 6 Month Average | 14.930 % | £52,256 | £402,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £395,051 | £390,000 | 5 ROWAN AVENUE |
| 12 Jun 2023 | £182,207 | £180,000 | 8 ROWLAND KELD |
| 1 Jul 2022 | £325,877 | £325,000 | 4 SORRELL GROVE |
| 10 Jun 2022 | £294,157 | £290,000 | 14 HUTTON LANE |
| 27 May 2022 | £297,608 | £292,000 | 11 HUTTON LANE |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 24 Mar 2015. Using an estimated price of £510,839 means this house is valued at £3,077 per sq meter (£285 per sq foot).
The average size of a house on HUTTON VILLAGE ROAD is 218 sq meters (2,352 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Rowland Keld |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowcross Avenue |
| Apr 2024 | Anti-social behaviour | On or near Farndale 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 |