This estimated value is based upon the latest sale price for the house of £23,500 on 12 Nov 2004. This value is then adjusted by the current Official House Price Index for HARTLEPOOL 1
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|£23,500||12 Nov 2004|
|£10,000||6 Mar 1996|
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 November 2004 the House Price Index for HARTLEPOOL was 78.9.The House Price Index as of 1 Apr 2022 is 147.2 which is a change of 86.416%.
Applying this 86.416% change to the original purchase price of £23,500 results in an estimated price of approximately £43,807.
|12 Nov 2004||1 Apr 2022||% change||Purchase Price||Gain / Loss||Estimated Price|
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||-10.527 %||£-2,473||£21,026|
|3 Month Average||98.959 %||£23,255||£46,755|
|6 Month Average||94.764 %||£22,269||£45,769|
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