£252,577
This estimated value is based upon the latest sale price for the house of £240,000 on 21 Jan 2022. 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 |
|---|---|
| £240,000 | 21 Jan 2022 |
| £210,000 | 21 Jan 2011 |
| £201,000 | 21 Jul 2006 |
| £155,000 | 24 Mar 2003 |
| £118,950 | 16 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2022 the House Price Index for REDCAR AND CLEVELAND was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £240,000 results in an estimated price of approximately £252,577.
| 21 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £240,000 | £12,577 | £252,577 |
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 | -29.620 % | £-71,088 | £168,912 |
| 3 Month Average | 11.132 % | £26,717 | £266,717 |
| 6 Month Average | -0.302 % | £-724 | £239,275 |
| 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 93 sq meters or 1,001 sq feet when measured on 21 Jun 2019. Using an estimated price of £252,578 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on HOVINGHAM DRIVE is 127 sq meters (1,369 sq feet).
This house is the smallest in the street with a floor area of 93 sq meters (1,001 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 |