£85,364
This estimated value is based upon the latest sale price for the house of £80,000 on 23 Dec 2021. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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| Price Paid | Date |
|---|---|
| £80,000 | 23 Dec 2021 |
| £80,000 | 1 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 sq feet |
This model uses changes in the Official Land Registry House Price Index for MIDDLESBROUGH to estimate the market value.
When this house was purchased in December 2021 the House Price Index for MIDDLESBROUGH was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £80,000 results in an estimated price of approximately £85,364.
| 23 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £80,000 | £5,364 | £85,364 |
The Postcode Pricing Model uses changes in average sales price within the TS3 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 | -26.396 % | £-21,117 | £58,882 |
| 3 Month Average | -3.949 % | £-3,159 | £76,840 |
| 6 Month Average | -5.450 % | £-4,360 | £75,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £60,780 | £60,000 | 15 BURWELL ROAD |
| 10 Nov 2023 | £81,040 | £80,000 | 140 THE GREENWAY |
| 14 Aug 2023 | £92,060 | £91,500 | 21 FULBECK ROAD |
| 7 Aug 2023 | £96,587 | £96,000 | 42 ELKINGTON WALK |
| 22 Jun 2023 | £113,420 | £112,500 | 2 BURWELL ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 Oct 2009. Using an estimated price of £85,364 means this house is valued at £1,169 per sq meter (£108 per sq foot).
The average size of a house on CADWELL CLOSE is 114 sq meters (1,232 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cadwell Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cadwell Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cadwell Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cadwell Close |
| Apr 2024 | Anti-social behaviour | On or near Cadwell Close |