£449,856
This estimated value is based upon the latest sale price for the house of £278,000 on 15 Nov 2013. 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 |
|---|---|
| £278,000 | 15 Nov 2013 |
| £285,000 | 19 Oct 2012 |
| £187,000 | 6 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 193 sq meters or 2,077 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 November 2013 the House Price Index for REDCAR AND CLEVELAND was 91.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 61.819%.Applying this 61.819% change to the original purchase price of £278,000 results in an estimated price of approximately £449,856.
| 15 Nov 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.0 | 61.819 % | £278,000 | £171,856 | £449,856 |
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 | 15.274 % | £42,462 | £320,462 |
| 3 Month Average | 16.112 % | £44,791 | £322,791 |
| 6 Month Average | 12.878 % | £35,802 | £313,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £327,657 | £325,000 | 8 HOVINGHAM DRIVE |
| 21 Jan 2022 | £251,558 | £240,000 | 25 HOVINGHAM DRIVE |
| 22 Oct 2021 | £311,318 | £282,500 | 2 HUBY COURT |
| 29 May 2020 | £341,108 | £280,000 | 9 WOODALE CLOSE |
| 6 Mar 2020 | £386,863 | £322,500 | 1 HESLINGTON GARDENS |
This house has a floor area of 193 sq meters or 2,077 sq feet when measured on 23 May 2014. Using an estimated price of £449,857 means this house is valued at £2,330 per sq meter (£216 per sq foot).
The average size of a house on APPLETON CLOSE is 217 sq meters (2,335 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Woodale Close |
| Apr 2024 | Drugs | Under investigation | On or near Minskip Close |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Brompton Avenue |
| Feb 2024 | Drugs | Under investigation | On or near Minskip Close |
| Feb 2024 | Drugs | Under investigation | On or near Minskip Close |