£301,928
This estimated value is based upon the latest sale price for the house of £243,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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| Price Paid | Date |
|---|---|
| £243,000 | 26 Jul 2019 |
| £186,000 | 27 Feb 2004 |
| £137,995 | 23 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 July 2019 the House Price Index for REDCAR AND CLEVELAND was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £243,000 results in an estimated price of approximately £301,928.
| 26 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £243,000 | £58,928 | £301,928 |
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 | 74.978 % | £182,196 | £425,196 |
| 3 Month Average | 48.808 % | £118,604 | £361,604 |
| 6 Month Average | 36.004 % | £87,490 | £330,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £317,759 | £315,000 | 8 WOODALE CLOSE |
| 2 Aug 2023 | £386,980 | £380,000 | 31 ALLERSTON WAY |
| 12 Jun 2023 | £331,646 | £325,000 | 8 HOVINGHAM DRIVE |
| 21 Jan 2022 | £254,448 | £240,000 | 25 HOVINGHAM DRIVE |
| 28 Oct 2021 | £378,987 | £340,000 | 45 ALLERSTON WAY |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 25 Apr 2019. Using an estimated price of £301,929 means this house is valued at £2,671 per sq meter (£248 per sq foot).
The average size of a house on WOODALE CLOSE is 135 sq meters (1,460 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodale Close |
| Oct 2024 | Anti-social behaviour | On or near Allerston Way | |
| Jul 2024 | Anti-social behaviour | On or near Police Station | |
| Jul 2024 | Anti-social behaviour | On or near Police Station | |
| Jul 2024 | Anti-social behaviour | On or near Police Station |