£343,781
This estimated value is based upon the latest sale price for the house of £235,000 on 23 Jun 2015. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£235,000 | 23 Jun 2015 |
£164,950 | 29 Apr 2002 |
Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 June 2015 the House Price Index for REDCAR AND CLEVELAND was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £235,000 results in an estimated price of approximately £343,781.
23 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 149.7 | 46.290 % | £235,000 | £108,781 | £343,781 |
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 | 80.155 % | £188,365 | £423,365 |
3 Month Average | 41.774 % | £98,169 | £333,169 |
6 Month Average | 26.180 % | £61,523 | £296,523 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Apr 2024 | £312,716 | £310,000 | 1 HUBY COURT |
1 Aug 2023 | £325,878 | £320,000 | 15 THIRLBY WAY |
12 Jun 2023 | £331,646 | £325,000 | 8 HOVINGHAM DRIVE |
21 Jan 2022 | £254,448 | £240,000 | 25 HOVINGHAM DRIVE |
22 Oct 2021 | £314,894 | £282,500 | 2 HUBY COURT |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 18 Jan 2012. Using an estimated price of £343,781 means this house is valued at £2,546 per sq meter (£236 per sq foot).
The average size of a house on WHELDRAKE CLOSE is 204 sq meters (2,198 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Thirlby Way |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thirlby Way |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thirlby Way |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodale Close |