£193,121
This estimated value is based upon the latest sale price for the house of £112,500 on 11 Aug 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £112,500 | 11 Aug 2006 |
| £93,995 | 13 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 August 2006 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £112,500 results in an estimated price of approximately £193,121.
| 11 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £112,500 | £80,621 | £193,121 |
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 | 21.594 % | £24,292 | £136,792 |
| 3 Month Average | -3.103 % | £-3,490 | £109,009 |
| 6 Month Average | 1.346 % | £1,514 | £114,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £106,870 | £105,000 | 74 HOLBORN ROAD |
| 31 Jul 2023 | £146,978 | £145,000 | 12 HETHERSET CLOSE |
| 14 Jul 2023 | £96,296 | £95,000 | 4 HOLBORN ROAD |
| 14 Jul 2023 | £114,035 | £112,500 | 10 HEMSBY CLOSE |
| 13 Mar 2023 | £85,758 | £84,950 | 14 HUNWORTH CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 1 Jul 2020. Using an estimated price of £193,122 means this house is valued at £2,971 per sq meter (£276 per sq foot).
The average size of a house on HEMSBY CLOSE is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Hemsby Close |
| Dec 2023 | Public order | Under investigation | On or near Hemsby Close |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Hunworth Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hunworth Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Hunworth Close |