£93,717
This estimated value is based upon the latest sale price for the house of £74,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £74,000 | 15 Dec 2017 |
| £91,000 | 11 Jul 2008 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £74,000 results in an estimated price of approximately £93,717.
| 15 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £74,000 | £19,717 | £93,717 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 89.981 % | £66,586 | £140,586 |
| 3 Month Average | 17.527 % | £12,970 | £86,970 |
| 6 Month Average | 14.434 % | £10,681 | £84,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £179,558 | £175,000 | 81 HALESWORTH DRIVE |
| 1 Sep 2023 | £155,938 | £152,500 | 57 HALESWORTH DRIVE |
| 1 Aug 2023 | £171,086 | £168,000 | 8 HALESWORTH DRIVE |
| 24 Jan 2023 | £182,488 | £182,000 | 38 HALESWORTH DRIVE |
| 28 Oct 2022 | £83,222 | £83,500 | 4 HALVERGATE CLOSE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 15 Oct 2014. Using an estimated price of £93,717 means this house is valued at £2,231 per sq meter (£207 per sq foot).
The average size of a house on HALVERGATE CLOSE is 62 sq meters (675 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Halvergate Close |
| Aug 2024 | Other crime | Under investigation | On or near Halvergate Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Halvergate Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Hainford Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hainford Close |