£122,620
This estimated value is based upon the latest sale price for the house of £95,000 on 12 Jun 2017. This value is then adjusted by the current Official House Price Index for HARTLEPOOL 1
There has been one burglary within the last year on or near Lancaster Road
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Price Paid | Date |
---|---|
£95,000 | 12 Jun 2017 |
£69,950 | 29 Nov 2013 |
£42,500 | 21 Mar 2003 |
Terraced |
Freehold |
Floor Area: 229 sq meters or 2,464 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 June 2017 the House Price Index for HARTLEPOOL was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £95,000 results in an estimated price of approximately £122,620.
12 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £95,000 | £27,620 | £122,620 |
The Postcode Pricing Model uses changes in average sales price within the TS24 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 | 53.337 % | £50,670 | £145,670 |
3 Month Average | 18.775 % | £17,836 | £112,836 |
6 Month Average | 0.188 % | £178 | £95,178 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £64,128 | £62,500 | 9 LANCASTER ROAD |
30 Jun 2023 | £106,127 | £104,000 | 43 LANCASTER ROAD |
1 Jun 2023 | £71,431 | £70,000 | 39 BRECONGILL CLOSE |
25 Feb 2022 | £60,218 | £57,000 | 79 WHARTON TERRACE |
25 Feb 2022 | £64,444 | £61,000 | 19 BRECONGILL CLOSE |
This house has a floor area of 229 sq meters or 2,464 sq feet when measured on 4 Apr 2013. Using an estimated price of £122,620 means this house is valued at £535 per sq meter (£49 per sq foot).
The average size of a house on LANCASTER ROAD is 143 sq meters (1,547 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Lancaster Road |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Lancaster Road |
Jul 2024 | Anti-social behaviour | On or near Lancaster Road | |
Jul 2024 | Anti-social behaviour | On or near Lancaster Road | |
Jul 2024 | Anti-social behaviour | On or near Lancaster Road |