£32,746
This estimated value is based upon the latest sale price for the house of £24,000 on 27 Apr 2016. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £24,000 | 27 Apr 2016 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 April 2016 the House Price Index for REDCAR AND CLEVELAND was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £24,000 results in an estimated price of approximately £32,746.
| 27 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £24,000 | £8,746 | £32,746 |
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 | 12.693 % | £3,046 | £27,046 |
| 3 Month Average | 29.851 % | £7,164 | £31,164 |
| 6 Month Average | 32.107 % | £7,705 | £31,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Sep 2024 | £41,875 | £41,875 | 33 CROMWELL ROAD |
| 14 Mar 2024 | £45,702 | £45,000 | 8 CROMWELL ROAD |
| 19 Dec 2023 | £40,236 | £39,000 | 31 CROMWELL ROAD |
| 29 Aug 2023 | £45,827 | £45,000 | 46 CROMWELL ROAD |
| 24 Mar 2023 | £45,764 | £45,000 | 20 CROMWELL ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 29 Apr 2015. Using an estimated price of £32,747 means this house is valued at £363 per sq meter (£33 per sq foot).
The average size of a house on CROMWELL ROAD is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Oliver Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oliver Street |
| Aug 2024 | Other crime | Further investigation is not in the public interest | On or near Oliver Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromwell Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Edward Street |