£256,311
This estimated value is based upon the latest sale price for the house of £208,000 on 20 Nov 2018. This value is then adjusted by the current Official House Price Index for HARTLEPOOL 1
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| Price Paid | Date |
|---|---|
| £208,000 | 20 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 sq feet |
This model uses changes in the Official Land Registry House Price Index for HARTLEPOOL to estimate the market value.
When this house was purchased in November 2018 the House Price Index for HARTLEPOOL was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £208,000 results in an estimated price of approximately £256,311.
| 20 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £208,000 | £48,311 | £256,311 |
The Postcode Pricing Model uses changes in average sales price within the TS26 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 | -38.687 % | £-80,468 | £127,531 |
| 3 Month Average | -31.195 % | £-64,884 | £143,115 |
| 6 Month Average | -22.154 % | £-46,079 | £161,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2022 | £309,168 | £310,000 | 17 THE VALE |
| 28 Jul 2022 | £125,337 | £125,000 | 75 FOUR WINDS COURT |
| 15 Jun 2022 | £319,515 | £315,000 | 12 MEADOWCROFT MEWS |
| 9 Jun 2022 | £152,150 | £150,000 | 73 FOUR WINDS COURT |
| 6 Apr 2022 | £262,599 | £255,000 | 21 MEADOW DRIVE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 16 Dec 2017. Using an estimated price of £256,311 means this house is valued at £1,805 per sq meter (£167 per sq foot).
The average size of a house on ELWICK ROAD is 149 sq meters (1,605 sq feet).