16 OCTAVIA DRIVE

£197,006

Full Address

16 OCTAVIA DRIVE
HARTLEPOOL
HARTLEPOOL
UNITED KINGDOM
TS26 0FY

Estimated Market Value

£197,006

This estimated value is based upon the latest sale price for the house of £195,690 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for HARTLEPOOL 1

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Transactions for this house
Price PaidDate
£195,69024 Feb 2023
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 February 2023 the House Price Index for HARTLEPOOL was 148.7.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.

Applying this 0.672% change to the original purchase price of £195,690 results in an estimated price of approximately £197,006.

24 Feb 2023 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
148.7 149.7 0.672 % £195,690 £1,316 £197,006

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 -36.324 % £-71,081 £124,608
3 Month Average -0.395 % £-773 £194,916
6 Month Average -1.524 % £-2,982 £192,707
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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