£344,829
This estimated value is based upon the latest sale price for the house of £320,000 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£320,000 | 10 Sep 2021 |
Semi-Detached |
Freehold |
Floor Area: 200 sq meters or 2,152 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 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £320,000 results in an estimated price of approximately £344,829.
10 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £320,000 | £24,829 | £344,829 |
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 | -46.180 % | £-147,776 | £172,223 |
3 Month Average | -18.521 % | £-59,265 | £260,734 |
6 Month Average | -13.919 % | £-44,541 | £275,458 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £90,585 | £89,000 | 16 FLORENCE STREET |
11 Dec 2023 | £122,137 | £120,000 | 1 FLORENCE STREET |
24 Apr 2023 | £121,306 | £120,000 | 34 EASTLANDS |
6 Apr 2023 | £111,197 | £110,000 | 2 STORE STREET |
31 Mar 2023 | £167,579 | £166,000 | 9 TYNE STREET |
This house has a floor area of 200 sq meters or 2,152 sq feet when measured on 13 Jul 2021. Using an estimated price of £344,830 means this house is valued at £1,724 per sq meter (£160 per sq foot).
The average size of a house on CALIFORNIA is 134 sq meters (1,447 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Ramsay Street |
Apr 2024 | Criminal damage and arson | Under investigation | On or near California |
Apr 2024 | Violence and sexual offences | Under investigation | On or near California |
Apr 2024 | Criminal damage and arson | Under investigation | On or near California |
Mar 2024 | Violence and sexual offences | Under investigation | On or near California |