£272,996
This estimated value is based upon the latest sale price for the house of £142,950 on 10 Sep 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£142,950 | 10 Sep 2004 |
£72,450 | 20 Aug 1998 |
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 September 2004 the House Price Index for TYNE AND WEAR was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £142,950 results in an estimated price of approximately £272,996.
10 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £142,950 | £130,046 | £272,996 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -21.679 % | £-30,989 | £111,960 |
3 Month Average | -4.581 % | £-6,548 | £136,401 |
6 Month Average | 32.443 % | £46,377 | £189,327 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £592,577 | £585,000 | 27 ELSWICK ROAD |
23 Aug 2023 | £193,695 | £192,000 | 14 SHUNNER CLOSE |
20 Jun 2023 | £111,349 | £110,000 | 22 DODDFELL CLOSE |
9 Jun 2023 | £133,619 | £132,000 | 12 PENYGHENT WAY |
3 Feb 2023 | £139,906 | £140,000 | 14 DODDFELL CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 15 Oct 2015. Using an estimated price of £272,997 means this house is valued at £2,575 per sq meter (£239 per sq foot).
The average size of a house on SWARTH CLOSE is 73 sq meters (792 sq feet).
This house is the largest in the street with a floor area of 106 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Swarth Close | |
Feb 2024 | Anti-social behaviour | On or near Swarth Close | |
Mar 2024 | Anti-social behaviour | On or near Doddfell Close | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Doddfell Close |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Doddfell Close |