£286,209
This estimated value is based upon the latest sale price for the house of £55,000 on 29 May 1997. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £55,000 | 29 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 1997 the House Price Index for REDCAR AND CLEVELAND was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £55,000 results in an estimated price of approximately £286,209.
| 29 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £55,000 | £231,209 | £286,209 |
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 | 270.860 % | £148,972 | £203,972 |
| 3 Month Average | 265.117 % | £145,814 | £200,814 |
| 6 Month Average | 228.524 % | £125,688 | £180,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £181,000 | £181,000 | 91 BERKLEY DRIVE |
| 19 Dec 2023 | £149,597 | £145,000 | 26 BERKLEY DRIVE |
| 10 Nov 2023 | £168,271 | £164,000 | 45 ENFIELD CHASE |
| 6 Sep 2023 | £224,959 | £220,000 | 29 OAKLEY CLOSE |
| 10 Aug 2023 | £152,755 | £150,000 | 28 LAUDERDALE DRIVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 24 Oct 2018. Using an estimated price of £286,210 means this house is valued at £4,088 per sq meter (£379 per sq foot).
The average size of a house on OAKLEY CLOSE is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackmore Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackmore Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackmore Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackmore Close |
| Sep 2024 | Anti-social behaviour | On or near Silverton Road |