£162,072
This estimated value is based upon the latest sale price for the house of £160,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £160,000 | 29 Sep 2023 |
| £115,000 | 7 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 September 2023 the House Price Index for TYNE AND WEAR was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £160,000 results in an estimated price of approximately £162,072.
| 29 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £160,000 | £2,072 | £162,072 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -5.851 % | £-9,361 | £150,638 |
| 3 Month Average | -7.659 % | £-12,253 | £147,746 |
| 6 Month Average | -1.922 % | £-3,075 | £156,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £162,072 | £160,000 | 37 HILL VIEW ROAD |
| 31 Jul 2023 | £116,569 | £115,000 | 11 HEREFORD COURT |
| 21 Jul 2023 | £116,518 | £114,950 | 1 HEREFORD COURT |
| 14 Jul 2023 | £172,319 | £170,000 | 9 HARCOURT ROAD |
| 21 Oct 2022 | £1,979 | £2,000 | 126 AYLESFORD MEWS |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 29 Jul 2014. Using an estimated price of £162,072 means this house is valued at £1,742 per sq meter (£161 per sq foot).
The average size of a house on HILL VIEW ROAD is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Hill View Square |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hill View Square |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hill View Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Helvellyn Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Helvellyn Road |