£118,140
This estimated value is based upon the latest sale price for the house of £63,995 on 30 Jun 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£63,995 | 30 Jun 2005 |
Terraced |
Freehold |
Floor Area: 38 sq meters or 409 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 June 2005 the House Price Index for TYNE AND WEAR was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £63,995 results in an estimated price of approximately £118,140.
30 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 148.6 | 84.608 % | £63,995 | £54,145 | £118,140 |
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 | 32.391 % | £20,728 | £84,723 |
3 Month Average | 7.502 % | £4,801 | £68,796 |
6 Month Average | 7.108 % | £4,548 | £68,543 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £177,630 | £175,000 | 81 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 |
22 Jul 2022 | £115,310 | £115,000 | 59 HALESWORTH DRIVE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 25 Mar 2013. Using an estimated price of £118,140 means this house is valued at £3,108 per sq meter (£288 per sq foot).
The average size of a house on HALVERGATE CLOSE is 62 sq meters (675 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Hainford Close |
Feb 2024 | Drugs | Awaiting court outcome | On or near Halesworth Drive |
Feb 2024 | Public order | Under investigation | On or near Halesworth Drive |