£35,141
This estimated value is based upon the latest sale price for the house of £23,000 on 31 Jul 2014. 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
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Price Paid | Date |
---|---|
£23,000 | 31 Jul 2014 |
£41,000 | 20 Jun 2007 |
£32,000 | 15 Apr 2005 |
£12,500 | 10 Aug 2001 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 2014 the House Price Index for REDCAR AND CLEVELAND was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £23,000 results in an estimated price of approximately £35,141.
31 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £23,000 | £12,141 | £35,141 |
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 | -15.610 % | £-3,590 | £19,409 |
3 Month Average | -3.412 % | £-784 | £22,215 |
6 Month Average | 8.830 % | £2,030 | £25,030 |
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 77 sq meters or 828 sq feet when measured on 11 May 2016. Using an estimated price of £35,142 means this house is valued at £456 per sq meter (£42 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 |