£158,142
This estimated value is based upon the latest sale price for the house of £93,000 on 26 Feb 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£93,000 | 26 Feb 2013 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 February 2013 the House Price Index for TYNE AND WEAR was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £93,000 results in an estimated price of approximately £158,142.
26 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.045 % | £93,000 | £65,142 | £158,142 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -5.705 % | £-5,305 | £87,694 |
3 Month Average | 2.872 % | £2,670 | £95,670 |
6 Month Average | 13.572 % | £12,621 | £105,621 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £114,603 | £112,000 | 20 CHARNWOOD GARDENS |
25 Sep 2023 | £174,369 | £170,525 | 11 EVENWOOD GARDENS |
15 Mar 2023 | £188,142 | £185,000 | 18 ROSEWOOD GARDENS |
8 Jul 2022 | £161,619 | £160,000 | 85 SHERIFFS HIGHWAY |
17 Jun 2022 | £195,683 | £191,500 | 9 CHURCH ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 15 Aug 2016. Using an estimated price of £158,142 means this house is valued at £1,860 per sq meter (£172 per sq foot).
The average size of a house on ROSEWOOD GARDENS is 83 sq meters (898 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Church Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Egremont Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Egremont Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Egremont Drive |