£172,983
This estimated value is based upon the latest sale price for the house of £106,900 on 5 Apr 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£106,900 | 5 Apr 2007 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 863 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 April 2007 the House Price Index for TYNE AND WEAR was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £106,900 results in an estimated price of approximately £172,983.
5 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 149.7 | 61.818 % | £106,900 | £66,083 | £172,983 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -77.851 % | £-83,222 | £23,677 |
3 Month Average | -22.874 % | £-24,452 | £82,447 |
6 Month Average | -10.147 % | £-10,846 | £96,053 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 May 2024 | £260,000 | £260,000 | 5 SUSSEX PLACE |
14 Nov 2023 | £202,131 | £197,000 | 131 ESSEX DRIVE |
30 Jan 2023 | £160,429 | £160,000 | 5 WESTMORLAND AVENUE |
25 Nov 2022 | £213,999 | £215,000 | 11 WESTMORLAND AVENUE |
16 Sep 2022 | £199,866 | £200,000 | 34 WARWICK DRIVE |
This house has a floor area of 80 sq meters or 863 sq feet when measured on 28 Nov 2011. Using an estimated price of £172,983 means this house is valued at £2,157 per sq meter (£200 per sq foot).
The average size of a house on HAMPSHIRE PLACE is 100 sq meters (1,084 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Westmorland Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sussex Place |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monterey |
May 2024 | Anti-social behaviour | On or near Heworth Road | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heworth Road |