£148,246
This estimated value is based upon the latest sale price for the house of £110,000 on 5 Feb 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 |
|---|---|
| £110,000 | 5 Feb 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 February 2016 the House Price Index for REDCAR AND CLEVELAND was 108.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 34.770%.Applying this 34.770% change to the original purchase price of £110,000 results in an estimated price of approximately £148,246.
| 5 Feb 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 146.7 | 34.770 % | £110,000 | £38,246 | £148,246 |
The Postcode Pricing Model uses changes in average sales price within the TS10 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 | 6.799 % | £7,478 | £117,478 |
| 3 Month Average | 5.769 % | £6,346 | £116,346 |
| 6 Month Average | 8.120 % | £8,932 | £118,932 |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 15 Oct 2015.
The average size of a house on OAK ROAD is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Salisbury Grove |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Salisbury Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Grove |
| Dec 2023 | Anti-social behaviour | On or near Salisbury Grove | |
| Dec 2023 | Anti-social behaviour | On or near Salisbury Grove |