£421,879
This estimated value is based upon the latest sale price for the house of £120,000 on 24 Jan 2001. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £120,000 | 24 Jan 2001 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,758 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 2001 the House Price Index for REDCAR AND CLEVELAND was 41.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 251.567%.Applying this 251.567% change to the original purchase price of £120,000 results in an estimated price of approximately £421,879.
| 24 Jan 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 146.7 | 251.567 % | £120,000 | £301,879 | £421,879 |
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 | 202.556 % | £243,066 | £363,066 |
| 3 Month Average | 155.452 % | £186,542 | £306,542 |
| 6 Month Average | 160.783 % | £192,939 | £312,939 |
This house has a floor area of 163 sq meters or 1,758 sq feet when measured on 2 Feb 2012.
The average size of a house on WHEATLANDS PARK is 169 sq meters (1,827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wrentree Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Wheatlands Park |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trevose Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Trevose Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Trevose Close |