£388,283
This estimated value is based upon the latest sale price for the house of £307,500 on 5 Mar 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 |
---|---|
£307,500 | 5 Mar 2020 |
£320,000 | 5 Feb 2010 |
Detached |
Freehold |
Floor Area: 169 sq meters or 1,819 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 March 2020 the House Price Index for REDCAR AND CLEVELAND was 82.6.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 26.271%.Applying this 26.271% change to the original purchase price of £307,500 results in an estimated price of approximately £388,283.
5 Mar 2020 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.6 | 104.3 | 26.271 % | £307,500 | £80,783 | £388,283 |
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 | -33.538 % | £-103,130 | £204,369 |
3 Month Average | 43.567 % | £133,967 | £441,467 |
6 Month Average | 31.073 % | £95,549 | £403,049 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jan 2025 | £410,630 | £400,000 | 19 WHEATLANDS PARK |
6 Dec 2024 | £319,812 | £310,000 | 67 WHEATLANDS PARK |
10 Oct 2024 | £312,587 | £300,000 | 32 PRINCIPAL ROAD |
22 Mar 2024 | £389,657 | £365,000 | 76 WHEATLANDS PARK |
22 Mar 2024 | £364,036 | £341,000 | 43 WHEATLANDS PARK |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 4 Apr 2019. Using an estimated price of £388,284 means this house is valued at £2,297 per sq meter (£213 per sq foot).
The average size of a house on WHEATLANDS PARK is 169 sq meters (1,827 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Cochrane Gardens |