£46,176
This estimated value is based upon the latest sale price for the house of £30,000 on 21 Jul 2014. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £30,000 | 21 Jul 2014 |
| £20,000 | 26 Apr 2013 |
| £21,000 | 26 Jun 2005 |
| £21,000 | 14 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £30,000 results in an estimated price of approximately £46,176.
| 21 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £30,000 | £16,176 | £46,176 |
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 | 15.570 % | £4,671 | £34,671 |
| 3 Month Average | 13.848 % | £4,154 | £34,154 |
| 6 Month Average | 13.363 % | £4,008 | £34,008 |
| 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 104 sq meters or 1,119 sq feet when measured on 30 Apr 2014. Using an estimated price of £46,176 means this house is valued at £444 per sq meter (£41 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 | Other crime | Further investigation is not in the public interest | On or near Oliver Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oliver Street |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near King Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromwell Road |