£346,912
This estimated value is based upon the latest sale price for the house of £205,000 on 9 Nov 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£205,000 | 9 Nov 2012 |
Semi-Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 November 2012 the House Price Index for TYNE AND WEAR was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £205,000 results in an estimated price of approximately £346,912.
9 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 148.6 | 69.226 % | £205,000 | £141,912 | £346,912 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 67.599 % | £138,577 | £343,577 |
3 Month Average | 35.937 % | £73,671 | £278,671 |
6 Month Average | 31.013 % | £63,576 | £268,576 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Apr 2023 | £323,483 | £320,000 | 51 WESTLANDS |
17 Feb 2023 | £325,781 | £326,000 | 47 WESTLANDS |
22 Nov 2022 | £286,529 | £290,000 | 16 FREEMAN ROAD |
18 Nov 2022 | £313,206 | £317,000 | 53 WESTLANDS |
24 Oct 2022 | £504,567 | £510,000 | 107 JESMOND PARK WEST |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 22 Jun 2012. Using an estimated price of £346,912 means this house is valued at £3,272 per sq meter (£304 per sq foot).
The average size of a house on HAMBLEDON GARDENS is 135 sq meters (1,454 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Apr 2024 | Drugs | Under investigation | On or near Sports/Recreation Area |
Apr 2024 | Possession of weapons | Under investigation | On or near Sports/Recreation Area |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |