£160,423
This estimated value is based upon the latest sale price for the house of £128,500 on 16 Jul 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £128,500 | 16 Jul 2018 |
| £112,500 | 9 Dec 2005 |
| £80,000 | 19 Nov 2004 |
| £32,950 | 10 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,026 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 July 2018 the House Price Index for TYNE AND WEAR was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £128,500 results in an estimated price of approximately £160,423.
| 16 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £128,500 | £31,923 | £160,423 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 57.228 % | £73,538 | £202,038 |
| 3 Month Average | 33.164 % | £42,616 | £171,116 |
| 6 Month Average | 16.438 % | £21,123 | £149,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £126,095 | £125,000 | 9 THE AVENUE |
| 24 Nov 2023 | £66,693 | £65,000 | 48 BRUSSELS ROAD |
| 13 Nov 2023 | £121,073 | £118,000 | 6 NITHDALE CLOSE |
| 29 Sep 2023 | £107,367 | £105,000 | 12 NITHDALE CLOSE |
| 12 Sep 2023 | £82,617 | £80,796 | 6 SEDLEY ROAD |
This house has a floor area of 95 sq meters or 1,026 sq feet when measured on 10 Dec 2008. Using an estimated price of £160,423 means this house is valued at £1,682 per sq meter (£156 per sq foot).
The average size of a house on SEDLEY ROAD is 96 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Sedley Road | |
| May 2024 | Anti-social behaviour | On or near Sedley Road | |
| May 2024 | Anti-social behaviour | On or near Sedley Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |