£107,353
This estimated value is based upon the latest sale price for the house of £95,000 on 14 May 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£95,000 | 14 May 2021 |
£128,000 | 18 Feb 2011 |
£118,995 | 21 Dec 2005 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 778 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 2021 the House Price Index for TYNE AND WEAR was 131.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 13.004%.Applying this 13.004% change to the original purchase price of £95,000 results in an estimated price of approximately £107,353.
14 May 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.5 | 148.6 | 13.004 % | £95,000 | £12,353 | £107,353 |
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 | 8.237 % | £7,825 | £102,825 |
3 Month Average | -8.205 % | £-7,794 | £87,205 |
6 Month Average | 10.878 % | £10,334 | £105,334 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £177,630 | £175,000 | 81 HALESWORTH DRIVE |
15 Sep 2023 | £172,202 | £170,000 | 30 HALESWORTH DRIVE |
1 Sep 2023 | £154,475 | £152,500 | 57 HALESWORTH DRIVE |
21 Jul 2023 | £124,171 | £122,500 | 14 HALVERGATE CLOSE |
28 Oct 2022 | £82,611 | £83,500 | 4 HALVERGATE CLOSE |
This house has a floor area of 72 sq meters or 778 sq feet when measured on 24 Aug 2010. Using an estimated price of £107,354 means this house is valued at £1,484 per sq meter (£137 per sq foot).
The average size of a house on HAINFORD CLOSE is 80 sq meters (869 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Hainford Close |
Feb 2024 | Public order | Under investigation | On or near Halvergate Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Halvergate Close |