£198,810
This estimated value is based upon the latest sale price for the house of £115,000 on 28 Oct 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Hersham Close
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Price Paid | Date |
---|---|
£115,000 | 28 Oct 2011 |
£135,000 | 26 Jan 2007 |
£49,500 | 24 Jul 1998 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £115,000 results in an estimated price of approximately £198,810.
28 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.878 % | £115,000 | £83,810 | £198,810 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 24.665 % | £28,364 | £143,364 |
3 Month Average | 15.613 % | £17,954 | £132,954 |
6 Month Average | 21.484 % | £24,706 | £139,706 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £142,104 | £140,000 | 18 FAVERSHAM COURT |
2 Nov 2023 | £147,179 | £145,000 | 51 COWDRAY COURT |
1 Mar 2022 | £217,615 | £210,000 | 7 FAVERSHAM COURT |
21 Dec 2021 | £184,277 | £172,000 | 48 HERSHAM CLOSE |
30 Sep 2021 | £199,355 | £185,000 | 5 FAVERSHAM COURT |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Jul 2014. Using an estimated price of £198,810 means this house is valued at £2,840 per sq meter (£263 per sq foot).
The average size of a house on BRUNTON WALK is 83 sq meters (899 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Hersham Close | |
Mar 2024 | Burglary | Under investigation | On or near Hersham Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hersham Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hersham Close |
Dec 2023 | Anti-social behaviour | On or near Hersham Close |