£151,954
This estimated value is based upon the latest sale price for the house of £123,000 on 2 Oct 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£123,000 | 2 Oct 2019 |
£120,000 | 11 Apr 2017 |
£115,000 | 3 Nov 2006 |
£94,995 | 10 Jun 2005 |
Semi-Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 October 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £123,000 results in an estimated price of approximately £151,954.
2 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £123,000 | £28,954 | £151,954 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 30.417 % | £37,412 | £160,412 |
3 Month Average | 0.633 % | £778 | £123,778 |
6 Month Average | 16.418 % | £20,193 | £143,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £108,329 | £105,000 | 74 HOLBORN ROAD |
13 Mar 2023 | £86,393 | £84,950 | 14 HUNWORTH CLOSE |
27 Feb 2023 | £88,088 | £87,500 | 15 HUNWORTH CLOSE |
24 Nov 2022 | £74,651 | £75,000 | 24 HETHERSET CLOSE |
1 Sep 2022 | £94,937 | £95,000 | 433 HYLTON ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 5 Oct 2016. Using an estimated price of £151,954 means this house is valued at £1,368 per sq meter (£127 per sq foot).
The average size of a house on HEMSBY CLOSE is 76 sq meters (823 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Hunworth Close |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Hunworth Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Hunworth Close |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Halesworth Drive |
Jun 2024 | Anti-social behaviour | On or near Halesworth Drive |