£183,057
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Mar 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £180,000 | 15 Mar 2023 |
| £158,000 | 29 Aug 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 995 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 March 2023 the House Price Index for TYNE AND WEAR was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £180,000 results in an estimated price of approximately £183,057.
| 15 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £180,000 | £3,057 | £183,057 |
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 | 79.774 % | £143,592 | £323,592 |
| 3 Month Average | 6.232 % | £11,216 | £191,216 |
| 6 Month Average | -11.764 % | £-21,174 | £158,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £271,159 | £265,000 | 2 FORTROSE AVENUE |
| 28 Sep 2023 | £219,795 | £214,950 | 23 HUMBLEDON PARK |
| 22 Sep 2023 | £240,297 | £235,000 | 6 HASLEMERE DRIVE |
| 22 Aug 2023 | £539,684 | £529,950 | CRATHORNE, 17 THOMAS HAWKSLEY PARK |
| 24 Mar 2023 | £183,057 | £180,000 | 1 HANBY GARDENS |
This house has a floor area of 92 sq meters or 995 sq feet when measured on 26 Mar 2012. Using an estimated price of £183,057 means this house is valued at £1,979 per sq meter (£183 per sq foot).
The average size of a house on SEAFORTH ROAD is 132 sq meters (1,430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harewood Gardens |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Montrose Gardens |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Montrose Gardens |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Horsham Gardens |
| Aug 2024 | Public order | Under investigation | On or near Hathaway Gardens |