£295,189
This estimated value is based upon the latest sale price for the house of £193,500 on 22 Aug 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£193,500 | 22 Aug 2014 |
£63,500 | 28 Sep 1998 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 August 2014 the House Price Index for TYNE AND WEAR was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £193,500 results in an estimated price of approximately £295,189.
22 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £193,500 | £101,689 | £295,189 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -41.112 % | £-79,551 | £113,948 |
3 Month Average | 25.895 % | £50,106 | £243,606 |
6 Month Average | 30.871 % | £59,736 | £253,236 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £332,891 | £330,000 | 8 EARSDON ROAD |
11 Apr 2024 | £423,931 | £420,250 | 26 MITCHELL AVENUE |
22 Aug 2023 | £341,153 | £335,000 | 22 EARSDON ROAD |
1 Aug 2022 | £386,809 | £385,000 | 7 WESTFIELD AVENUE |
29 Jun 2022 | £352,536 | £345,000 | 52 EASTFIELD AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 10 Sep 2014. Using an estimated price of £295,190 means this house is valued at £2,838 per sq meter (£263 per sq foot).
The average size of a house on EARSDON ROAD is 106 sq meters (1,144 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Supermarket |
Apr 2024 | Anti-social behaviour | On or near Supermarket | |
Apr 2024 | Anti-social behaviour | On or near Supermarket |