£53,816
This estimated value is based upon the latest sale price for the house of £54,000 on 3 Apr 2023. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £54,000 | 3 Apr 2023 |
| £19,000 | 2 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 874 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 2023 the House Price Index for REDCAR AND CLEVELAND was 147.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.340%.Applying this -0.340% change to the original purchase price of £54,000 results in an estimated price of approximately £53,816.
| 3 Apr 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 146.7 | -0.340 % | £54,000 | £-183 | £53,816 |
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 | -22.665 % | £-12,238 | £41,761 |
| 3 Month Average | -27.083 % | £-14,624 | £39,375 |
| 6 Month Average | -3.343 % | £-1,805 | £52,194 |
This house has a floor area of 81 sq meters or 874 sq feet when measured on 9 Jul 2009.
The average size of a house on CHEDDAR CLOSE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Cheddar Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheddar Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cheddar Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheddar Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheddar Close |