£74,849
This estimated value is based upon the latest sale price for the house of £50,000 on 30 Jan 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 |
---|---|
£50,000 | 30 Jan 2015 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 January 2015 the House Price Index for TYNE AND WEAR was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £50,000 results in an estimated price of approximately £74,849.
30 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £50,000 | £24,849 | £74,849 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -10.956 % | £-5,477 | £44,522 |
3 Month Average | 10.565 % | £5,282 | £55,282 |
6 Month Average | 3.554 % | £1,777 | £51,777 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £121,051 | £120,000 | 27 BEST VIEW |
6 Dec 2023 | £98,012 | £95,000 | 22 CHURCH STREET |
1 Sep 2023 | £59,307 | £58,000 | 6 MILL CRESCENT |
31 Aug 2023 | £325,878 | £320,000 | 17 BAULKHAM HILLS |
10 Aug 2023 | £214,366 | £210,500 | 9 BAULKHAM HILLS |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 15 Feb 2014. Using an estimated price of £74,850 means this house is valued at £959 per sq meter (£89 per sq foot).
The average size of a house on BEST VIEW is 94 sq meters (1,018 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Council Avenue |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Council Avenue |
May 2024 | Anti-social behaviour | On or near The Haven | |
May 2024 | Public order | Under investigation | On or near The Haven |
May 2024 | Violence and sexual offences | Under investigation | On or near The Haven |