£233,397
This estimated value is based upon the latest sale price for the house of £215,000 on 13 Sep 2021. This value is then adjusted by the current Official House Price Index for EAST RIDING OF YORKSHIRE 1
There has been one burglary within the last year on or near Redwood Way
More crime details
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| Price Paid | Date |
|---|---|
| £215,000 | 13 Sep 2021 |
| £150,000 | 12 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 sq feet |
This model uses changes in the Official Land Registry House Price Index for EAST RIDING OF YORKSHIRE to estimate the market value.
When this house was purchased in September 2021 the House Price Index for EAST RIDING OF YORKSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £215,000 results in an estimated price of approximately £233,397.
| 13 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £215,000 | £18,397 | £233,397 |
The Postcode Pricing Model uses changes in average sales price within the YO16 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 | -7.641 % | £-16,427 | £198,572 |
| 3 Month Average | 17.732 % | £38,124 | £253,124 |
| 6 Month Average | 9.144 % | £19,660 | £234,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £185,000 | £185,000 | 6 THORESBY MEWS |
| 22 Nov 2023 | £164,167 | £160,000 | 31 THORESBY CLOSE |
| 14 Apr 2023 | £122,287 | £120,000 | 23 THORESBY CLOSE |
| 16 Mar 2023 | £106,783 | £105,000 | 48 THORESBY CLOSE |
| 4 Jan 2023 | £162,935 | £162,500 | 43 THORESBY CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 1 Mar 2018. Using an estimated price of £233,397 means this house is valued at £2,992 per sq meter (£277 per sq foot).
The average size of a house on REDWOOD WAY is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Redwood Way |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Redwood Way |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Thoresby Mews |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thoresby Mews |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Bempton Oval |