£288,988
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £240,000 | 24 Jan 2020 |
| £240,000 | 9 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2020 the House Price Index for REDCAR AND CLEVELAND was 121.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.412%.Applying this 20.412% change to the original purchase price of £240,000 results in an estimated price of approximately £288,988.
| 24 Jan 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 146.7 | 20.412 % | £240,000 | £48,988 | £288,988 |
The Postcode Pricing Model uses changes in average sales price within the TS14 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 | 22.769 % | £54,644 | £294,644 |
| 3 Month Average | 23.618 % | £56,683 | £296,683 |
| 6 Month Average | 15.201 % | £36,483 | £276,483 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 31 Oct 2019.
The average size of a house on WHEATLANDS CLOSE is 96 sq meters (1,038 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whaddon Chase |
| Dec 2023 | Other theft | Awaiting court outcome | On or near Whaddon Chase |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Lauderdale Drive |
| Feb 2024 | Anti-social behaviour | On or near High Peak | |
| Feb 2024 | Anti-social behaviour | On or near High Peak |