£30,465
This estimated value is based upon the latest sale price for the house of £23,000 on 13 Oct 2016. 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 Oliver Street
More crime details
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Price Paid | Date |
---|---|
£23,000 | 13 Oct 2016 |
£32,000 | 2 Apr 2015 |
£8,000 | 10 Jul 1998 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 October 2016 the House Price Index for REDCAR AND CLEVELAND was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £23,000 results in an estimated price of approximately £30,465.
13 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £23,000 | £7,465 | £30,465 |
The Postcode Pricing Model uses changes in average sales price within the TS6 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 | 15.861 % | £3,648 | £26,648 |
3 Month Average | 16.314 % | £3,752 | £26,752 |
6 Month Average | 25.956 % | £5,969 | £28,969 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £39,695 | £39,000 | 31 CROMWELL ROAD |
17 Nov 2023 | £34,511 | £34,000 | 34 SOUTH TERRACE |
24 Mar 2023 | £45,428 | £45,000 | 20 CROMWELL ROAD |
28 Feb 2023 | £99,933 | £100,000 | 5 SOUTH TERRACE |
23 Feb 2023 | £39,973 | £40,000 | 22 SOUTH TERRACE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Mar 2017. Using an estimated price of £30,466 means this house is valued at £385 per sq meter (£35 per sq foot).
The average size of a house on SOUTH TERRACE is 75 sq meters (808 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Unable to prosecute suspect | On or near Oliver Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Street |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Oliver Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Street |