£193,228
This estimated value is based upon the latest sale price for the house of £121,000 on 25 May 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £121,000 | 25 May 2007 |
| £63,500 | 16 Aug 2002 |
| £36,000 | 23 Aug 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 80 sq meters or 861 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in May 2007 the House Price Index for TYNE AND WEAR was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £121,000 results in an estimated price of approximately £193,228.
| 25 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £121,000 | £72,228 | £193,228 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 4.497 % | £5,441 | £126,441 |
| 3 Month Average | 11.766 % | £14,237 | £135,237 |
| 6 Month Average | 17.799 % | £21,536 | £142,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2022 | £106,128 | £101,200 | 10 LAMPETER CLOSE |
| 25 Feb 2022 | £188,765 | £180,000 | 3 REEDHAM COURT |
| 31 Jan 2022 | £142,075 | £135,000 | 1 RHUDDLAN COURT |
| 24 Jan 2022 | £154,704 | £147,000 | 32 SWANTON CLOSE |
| 5 Aug 2021 | £150,608 | £135,000 | 15 RHUDDLAN COURT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 13 Jun 2016. Using an estimated price of £193,228 means this house is valued at £2,415 per sq meter (£224 per sq foot).
The average size of a house on HORNING COURT is 69 sq meters (745 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Shearwater Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shearwater Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Shearwater Close |
| Feb 2024 | Anti-social behaviour | On or near Reedham Court | |
| Feb 2024 | Anti-social behaviour | On or near Reedham Court |