£277,896
This estimated value is based upon the latest sale price for the house of £134,950 on 30 Apr 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 |
---|---|
£134,950 | 30 Apr 2004 |
£30,000 | 17 Oct 1996 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,207 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 April 2004 the House Price Index for TYNE AND WEAR was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £134,950 results in an estimated price of approximately £277,896.
30 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 149.7 | 105.925 % | £134,950 | £142,946 | £277,896 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 91.677 % | £123,717 | £258,667 |
3 Month Average | 119.063 % | £160,675 | £295,625 |
6 Month Average | 119.589 % | £161,385 | £296,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £204,277 | £198,000 | 135 WHITLEY ROAD |
19 Oct 2023 | £163,718 | £160,000 | 4 ALMA PLACE |
28 Sep 2023 | £421,287 | £412,000 | FLAT A EGREMONT HOUSE EGREMONT PLACE |
30 Aug 2023 | £307,292 | £301,750 | 7 GLADSTONE TERRACE |
22 Jul 2022 | £123,235 | £122,000 | APARTMENT F 1 EDWARDS ROAD |
This house has a floor area of 112 sq meters or 1,207 sq feet when measured on 12 Jan 2009. Using an estimated price of £277,896 means this house is valued at £2,477 per sq meter (£230 per sq foot).
The average size of a house on DEVONSHIRE TERRACE is 120 sq meters (1,294 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Egremont Place |
May 2024 | Anti-social behaviour | On or near Egremont Place | |
May 2024 | Vehicle crime | Under investigation | On or near Egremont Place |
May 2024 | Anti-social behaviour | On or near Egremont Place | |
May 2024 | Anti-social behaviour | On or near Egremont Place |