£324,802
This estimated value is based upon the latest sale price for the house of £160,000 on 19 May 2004. This value is then adjusted by the current Official House Price Index for HARTLEPOOL 1
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| Price Paid | Date |
|---|---|
| £160,000 | 19 May 2004 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 May 2004 the House Price Index for HARTLEPOOL was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £160,000 results in an estimated price of approximately £324,802.
| 19 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £160,000 | £164,802 | £324,802 |
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 | 18.817 % | £30,106 | £190,106 |
| 3 Month Average | 124.114 % | £198,582 | £358,582 |
| 6 Month Average | 108.973 % | £174,357 | £334,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £288,505 | £286,000 | 49 MERLIN WAY |
| 6 Oct 2023 | £339,716 | £332,000 | 22 HONEYSUCKLE CLOSE |
| 7 Jul 2022 | £292,935 | £290,000 | 29 HONEYSUCKLE CLOSE |
| 8 Apr 2022 | £209,559 | £202,000 | 19 DEWBERRY CLOSE |
| 31 Mar 2022 | £174,337 | £167,000 | 15 HONEYSUCKLE CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Nov 2014. Using an estimated price of £324,803 means this house is valued at £3,314 per sq meter (£307 per sq foot).
The average size of a house on DEWBERRY CLOSE is 136 sq meters (1,464 sq feet).