£193,220
This estimated value is based upon the latest sale price for the house of £133,250 on 17 Jul 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£133,250 | 17 Jul 2015 |
£51,500 | 29 Jan 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 2015 the House Price Index for TYNE AND WEAR was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £133,250 results in an estimated price of approximately £193,220.
17 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £133,250 | £59,970 | £193,220 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 66.157 % | £88,154 | £221,404 |
3 Month Average | 34.187 % | £45,554 | £178,804 |
6 Month Average | 24.780 % | £33,018 | £166,268 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £182,809 | £180,000 | 49 AMBLE GROVE |
7 Mar 2024 | £182,809 | £180,000 | 51 AMBLE GROVE |
27 Oct 2023 | £128,928 | £126,000 | 21 BRANDON GROVE |
28 Feb 2022 | £166,920 | £158,000 | 139 DINSDALE ROAD |
17 Dec 2021 | £2,817,562 | £2,610,527 | 259 HELMSLEY ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 23 Dec 2021. Using an estimated price of £193,221 means this house is valued at £2,445 per sq meter (£227 per sq foot).
The average size of a house on DINSDALE ROAD is 85 sq meters (921 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Goldspink Lane | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Goldspink Lane |
Jun 2024 | Anti-social behaviour | On or near Goldspink Lane | |
May 2024 | Anti-social behaviour | On or near Goldspink Lane | |
May 2024 | Anti-social behaviour | On or near Goldspink Lane |