£108,343
This estimated value is based upon the latest sale price for the house of £73,500 on 20 Mar 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 |
|---|---|
| £73,500 | 20 Mar 2015 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 March 2015 the House Price Index for TYNE AND WEAR was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £73,500 results in an estimated price of approximately £108,343.
| 20 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £73,500 | £34,843 | £108,343 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -25.547 % | £-18,777 | £54,722 |
| 3 Month Average | 18.463 % | £13,570 | £87,070 |
| 6 Month Average | 13.483 % | £9,909 | £83,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £119,773 | £118,000 | 36 PICKERING GREEN |
| 10 Jul 2023 | £98,932 | £97,600 | 2 BRAMHOPE GREEN |
| 10 Mar 2023 | £121,091 | £119,950 | 15 HAREWOOD GREEN |
| 17 Feb 2023 | £109,926 | £110,000 | 27 HAREWOOD GREEN |
| 27 Jan 2023 | £124,364 | £124,950 | 17 HAREWOOD GREEN |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 26 Sep 2014. Using an estimated price of £108,344 means this house is valued at £1,116 per sq meter (£103 per sq foot).
The average size of a house on HELMSLEY GREEN is 105 sq meters (1,133 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).