£40,623
This estimated value is based upon the latest sale price for the house of £39,999 on 1 Mar 2024. This value is then adjusted by the current Official House Price Index for HARTLEPOOL 1
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| Price Paid | Date |
|---|---|
| £39,999 | 1 Mar 2024 |
| £24,000 | 28 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 March 2024 the House Price Index for HARTLEPOOL was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £39,999 results in an estimated price of approximately £40,623.
| 1 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £39,999 | £624 | £40,623 |
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 | -21.463 % | £-8,585 | £31,413 |
| 3 Month Average | 46.199 % | £18,479 | £58,478 |
| 6 Month Average | 21.938 % | £8,774 | £48,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £40,623 | £39,999 | 84 STEPHEN STREET |
| 4 Dec 2023 | £41,268 | £40,000 | 63 STEPHEN STREET |
| 22 Nov 2023 | £30,781 | £30,000 | 52 STEPHEN STREET |
| 6 Nov 2023 | £51,302 | £50,000 | 52 SUGGITT STREET |
| 9 Oct 2023 | £75,720 | £74,000 | 1 SUGGITT STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 16 Mar 2016. Using an estimated price of £40,623 means this house is valued at £580 per sq meter (£53 per sq foot).
The average size of a house on STEPHEN STREET is 63 sq meters (687 sq feet).