£122,383
This estimated value is based upon the latest sale price for the house of £85,000 on 14 Aug 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£85,000 | 14 Aug 2015 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 2015 the House Price Index for TYNE AND WEAR was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £85,000 results in an estimated price of approximately £122,383.
14 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £85,000 | £37,383 | £122,383 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -19.324 % | £-16,425 | £68,574 |
3 Month Average | 16.661 % | £14,161 | £99,161 |
6 Month Average | 10.059 % | £8,550 | £93,550 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £37,324 | £37,000 | 1 SCOTLAND COURT |
25 Nov 2022 | £3,993 | £4,012 | 11 AMBROSE COURT |
25 Aug 2022 | £120,564 | £120,000 | 21 AMBROSE COURT |
29 Jul 2022 | £480,818 | £476,000 | VALLEY VIEW CALEDONIA |
15 Jul 2022 | £128,285 | £127,000 | 6A HOOD SQUARE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 2 May 2015. Using an estimated price of £122,384 means this house is valued at £1,799 per sq meter (£167 per sq foot).
The average size of a house on HOOD SQUARE is 114 sq meters (1,227 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Waterloo Street | |
Jun 2024 | Anti-social behaviour | On or near Waterloo Street | |
Jun 2024 | Anti-social behaviour | On or near Waterloo Street | |
May 2024 | Anti-social behaviour | On or near Waterloo Street | |
May 2024 | Anti-social behaviour | On or near Waterloo Street |