£55,681
This estimated value is based upon the latest sale price for the house of £30,000 on 19 Jan 2005. 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 | 19 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 January 2005 the House Price Index for REDCAR AND CLEVELAND was 79.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 85.605%.Applying this 85.605% change to the original purchase price of £30,000 results in an estimated price of approximately £55,681.
| 19 Jan 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 146.7 | 85.605 % | £30,000 | £25,681 | £55,681 |
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 | 103.208 % | £30,962 | £60,962 |
| 3 Month Average | 56.754 % | £17,026 | £47,026 |
| 6 Month Average | 92.693 % | £27,808 | £57,808 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 3 Feb 2016.
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 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cheddar Close |
| Feb 2024 | Criminal damage and arson | 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheddar Close |