£300,911
This estimated value is based upon the latest sale price for the house of £163,000 on 9 Jun 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£163,000 | 9 Jun 2005 |
Terraced |
Leasehold |
Floor Area: 99 sq meters or 1,065 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 June 2005 the House Price Index for TYNE AND WEAR was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £163,000 results in an estimated price of approximately £300,911.
9 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 148.6 | 84.608 % | £163,000 | £137,911 | £300,911 |
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 | -29.816 % | £-48,599 | £114,400 |
3 Month Average | 34.906 % | £56,897 | £219,897 |
6 Month Average | 56.443 % | £92,002 | £255,002 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £279,897 | £275,000 | 34 HUNTLEY CRESCENT |
28 Oct 2022 | £242,390 | £245,000 | 8 HANOVER WALK |
25 Feb 2022 | £215,507 | £205,500 | 35 HUNTLEY CRESCENT |
25 Feb 2022 | £183,522 | £175,000 | 1 BURNT HOUSE CLOSE |
25 Nov 2021 | £189,265 | £175,000 | 23 SILVERDALE DRIVE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 7 Jul 2016. Using an estimated price of £300,912 means this house is valued at £3,039 per sq meter (£282 per sq foot).
The average size of a house on HANOVER WALK is 98 sq meters (1,057 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Burnthouse Close | |
Mar 2024 | Anti-social behaviour | On or near Burnthouse Close | |
Apr 2024 | Anti-social behaviour | On or near Barlowfield Close | |
Jan 2024 | Other theft | Under investigation | On or near Cresswell Close |