£367,764
This estimated value is based upon the latest sale price for the house of £94,950 on 25 Feb 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£94,950 | 25 Feb 2000 |
Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 February 2000 the House Price Index for TYNE AND WEAR was 37.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 287.324%.Applying this 287.324% change to the original purchase price of £94,950 results in an estimated price of approximately £367,764.
25 Feb 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.9 | 146.7 | 287.324 % | £94,950 | £272,814 | £367,764 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 67.995 % | £64,561 | £159,511 |
3 Month Average | 119.793 % | £113,743 | £208,693 |
6 Month Average | 127.159 % | £120,737 | £215,687 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 28 Feb 2014.
The average size of a house on HONITON CLOSE is 147 sq meters (1,585 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Lumley Crescent |
Mar 2024 | Burglary | Awaiting court outcome | On or near Wetherby Close |
Mar 2024 | Vehicle crime | Under investigation | On or near Thurleston |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Churston Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Churston Close |