£351,843
This estimated value is based upon the latest sale price for the house of £262,000 on 13 May 2016. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
There has been one burglary within the last year on or near Woodale Close
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| Price Paid | Date |
|---|---|
| £262,000 | 13 May 2016 |
| £156,000 | 5 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 2016 the House Price Index for REDCAR AND CLEVELAND was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £262,000 results in an estimated price of approximately £351,843.
| 13 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £262,000 | £89,843 | £351,843 |
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 | 38.919 % | £101,967 | £363,967 |
| 3 Month Average | 22.347 % | £58,548 | £320,548 |
| 6 Month Average | 11.365 % | £29,775 | £291,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £383,354 | £380,000 | 31 ALLERSTON WAY |
| 12 Jun 2023 | £328,985 | £325,000 | 8 HOVINGHAM DRIVE |
| 21 Jan 2022 | £252,578 | £240,000 | 25 HOVINGHAM DRIVE |
| 28 Oct 2021 | £376,203 | £340,000 | 45 ALLERSTON WAY |
| 22 Oct 2021 | £312,580 | £282,500 | 2 HUBY COURT |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 21 Jul 2014. Using an estimated price of £351,844 means this house is valued at £2,409 per sq meter (£223 per sq foot).
The average size of a house on HOVINGHAM DRIVE is 127 sq meters (1,369 sq feet).
This house is the largest in the street with a floor area of 146 sq meters (1,571 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Woodale Close |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Police Station |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Police Station |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bennison Street |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Bennison Street |