£106,786
This estimated value is based upon the latest sale price for the house of £70,000 on 5 Aug 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£70,000 | 5 Aug 2014 |
£23,000 | 31 Mar 2000 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 2014 the House Price Index for TYNE AND WEAR was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £70,000 results in an estimated price of approximately £106,786.
5 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £70,000 | £36,786 | £106,786 |
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 | 14.206 % | £9,944 | £79,944 |
3 Month Average | 9.496 % | £6,646 | £76,646 |
6 Month Average | 16.176 % | £11,323 | £81,323 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £71,092 | £70,000 | 12 KIMBERLEY STREET |
26 Oct 2023 | £87,999 | £86,000 | 2 HAZLEDENE TERRACE |
1 Mar 2023 | £69,155 | £68,000 | 26 MAFEKING STREET |
10 Feb 2023 | £66,444 | £66,000 | 36 KIMBERLEY STREET |
3 Feb 2023 | £78,021 | £77,500 | 24 ROMFORD STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 10 Feb 2014. Using an estimated price of £106,787 means this house is valued at £1,443 per sq meter (£134 per sq foot).
The average size of a house on HAZLEDENE TERRACE is 89 sq meters (961 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Romford Street |
May 2024 | Criminal damage and arson | Under investigation | On or near Romford Street |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Kimberley Street |
Jul 2024 | Public order | Under investigation | On or near Kimberley Street |
Jul 2024 | Public order | Awaiting court outcome | On or near Kimberley Street |