£228,380
This estimated value is based upon the latest sale price for the house of £107,000 on 6 Feb 2004. This value is then adjusted by the current Official House Price Index for HARTLEPOOL 1
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Price Paid | Date |
---|---|
£107,000 | 6 Feb 2004 |
£72,000 | 17 Jan 2003 |
£52,500 | 3 May 1996 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 February 2004 the House Price Index for HARTLEPOOL was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £107,000 results in an estimated price of approximately £228,380.
6 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 149.7 | 113.439 % | £107,000 | £121,380 | £228,380 |
The Postcode Pricing Model uses changes in average sales price within the TS27 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 | 126.345 % | £135,188 | £242,188 |
3 Month Average | 30.235 % | £32,351 | £139,351 |
6 Month Average | 7.285 % | £7,794 | £114,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £55,858 | £55,000 | 39 WENTWORTH GROVE |
27 Nov 2023 | £154,933 | £151,000 | 4 FORMBY CLOSE |
10 Nov 2023 | £133,386 | £130,000 | 16 FORMBY CLOSE |
8 Sep 2023 | £175,877 | £172,000 | 18 SANDBANKS DRIVE |
24 Apr 2023 | £40,761 | £39,999 | 38 WENTWORTH GROVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 25 Jun 2014. Using an estimated price of £228,380 means this house is valued at £2,854 per sq meter (£265 per sq foot).
The average size of a house on FORMBY CLOSE is 104 sq meters (1,127 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Formby Close | |
Sep 2024 | Anti-social behaviour | On or near Formby Close | |
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sandbanks Drive |
Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bartram Court |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bartram Court |