£156,503
This estimated value is based upon the latest sale price for the house of £134,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Cedar Grove
More crime details
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| Price Paid | Date |
|---|---|
| £134,000 | 6 Nov 2020 |
| £47,000 | 26 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 November 2020 the House Price Index for REDCAR AND CLEVELAND was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £134,000 results in an estimated price of approximately £156,503.
| 6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £134,000 | £22,503 | £156,503 |
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 | 11.012 % | £14,756 | £148,756 |
| 3 Month Average | 15.527 % | £20,806 | £154,806 |
| 6 Month Average | 12.492 % | £16,739 | £150,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £141,226 | £140,000 | 31 CEDAR GROVE |
| 21 Mar 2024 | £116,794 | £115,000 | 23 LIME ROAD |
| 23 Nov 2023 | £92,344 | £90,000 | 34 LIME ROAD |
| 3 Nov 2023 | £137,490 | £134,000 | 88 LABURNUM ROAD |
| 16 Aug 2023 | £140,535 | £138,000 | 3 LABURNUM ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 21 Dec 2016. Using an estimated price of £156,503 means this house is valued at £1,476 per sq meter (£137 per sq foot).
The average size of a house on CEDAR GROVE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Awaiting court outcome | On or near Cedar Grove |
| Jul 2024 | Anti-social behaviour | On or near Cedar Grove | |
| Jul 2024 | Anti-social behaviour | On or near Cedar Grove | |
| Jul 2024 | Anti-social behaviour | On or near Cedar Grove | |
| Jul 2024 | Anti-social behaviour | On or near Cedar Grove |