£380,808
This estimated value is based upon the latest sale price for the house of £229,950 on 20 Sep 2013. This value is then adjusted by the current Official House Price Index for REDCAR AND CLEVELAND 1
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Price Paid | Date |
---|---|
£229,950 | 20 Sep 2013 |
£248,000 | 5 May 2006 |
£137,995 | 13 Dec 2001 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 September 2013 the House Price Index for REDCAR AND CLEVELAND was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £229,950 results in an estimated price of approximately £380,808.
20 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 149.7 | 65.605 % | £229,950 | £150,858 | £380,808 |
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 | 52.614 % | £120,985 | £350,935 |
3 Month Average | 54.111 % | £124,428 | £354,378 |
6 Month Average | 37.024 % | £85,137 | £315,087 |
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 116 sq meters or 1,248 sq feet when measured on 7 Jun 2012. Using an estimated price of £380,809 means this house is valued at £3,282 per sq meter (£304 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 |