£151,564
This estimated value is based upon the latest sale price for the house of £123,000 on 18 May 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 |
|---|---|
| £123,000 | 18 May 2020 |
| £86,000 | 29 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2020 the House Price Index for REDCAR AND CLEVELAND was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £123,000 results in an estimated price of approximately £151,564.
| 18 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £123,000 | £28,564 | £151,564 |
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 | 53.573 % | £65,895 | £188,895 |
| 3 Month Average | 30.446 % | £37,448 | £160,448 |
| 6 Month Average | 12.330 % | £15,165 | £138,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £138,516 | £135,000 | 75 WOODHOUSE ROAD |
| 13 Oct 2023 | £156,044 | £152,500 | 161 WOODHOUSE ROAD |
| 22 Sep 2023 | £117,592 | £115,000 | 24 POPLAR PLACE |
| 8 Sep 2023 | £143,105 | £139,950 | 234 WOODHOUSE ROAD |
| 30 Jun 2023 | £117,352 | £115,000 | 15 BARNABY PLACE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 23 Jan 2020. Using an estimated price of £151,565 means this house is valued at £1,994 per sq meter (£185 per sq foot).
The average size of a house on WOODHOUSE ROAD is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Place |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Place |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Place |
| Aug 2024 | Anti-social behaviour | On or near Poplar Place | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Poplar Place |