£214,664
This estimated value is based upon the latest sale price for the house of £124,950 on 30 May 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £124,950 | 30 May 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 May 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £124,950 results in an estimated price of approximately £214,664.
| 30 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £124,950 | £89,714 | £214,664 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 58.696 % | £73,340 | £198,290 |
| 3 Month Average | 40.622 % | £50,757 | £175,707 |
| 6 Month Average | 23.897 % | £29,858 | £154,808 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £225,000 | £225,000 | 7 HAWSKER CLOSE |
| 29 Sep 2023 | £194,232 | £189,950 | 14 HAWSKER CLOSE |
| 24 Feb 2023 | £397,656 | £395,000 | 20 TUNSTALL VILLAGE GREEN |
| 20 Jun 2022 | £222,251 | £217,500 | 25 HOULSYKE CLOSE |
| 14 Jun 2022 | £170,648 | £167,000 | 37 GOATHLAND DRIVE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 12 Aug 2009. Using an estimated price of £214,664 means this house is valued at £3,975 per sq meter (£369 per sq foot).
The average size of a house on HOULSYKE CLOSE is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lidcombe Close |
| Jul 2024 | Burglary | Under investigation | On or near Ainthorpe Close |
| Jun 2024 | Anti-social behaviour | On or near Goathland Drive | |
| Jun 2024 | Anti-social behaviour | On or near Goathland Drive | |
| Jul 2024 | Other theft | Under investigation | On or near The Maltings |