£85,163
This estimated value is based upon the latest sale price for the house of £15,000 on 29 Feb 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£15,000 | 29 Feb 1996 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 February 1996 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £15,000 results in an estimated price of approximately £85,163.
29 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.755 % | £15,000 | £70,163 | £85,163 |
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 | 277.602 % | £41,640 | £56,640 |
3 Month Average | 245.175 % | £36,776 | £51,776 |
6 Month Average | 257.784 % | £38,667 | £53,667 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £135,720 | £133,000 | 78 CARR HILL ROAD |
2 Jun 2023 | £73,472 | £72,000 | 418 OLD DURHAM ROAD |
14 Oct 2022 | £85,215 | £85,500 | 454 OLD DURHAM ROAD |
14 Jul 2022 | £95,962 | £95,000 | 337 OLD DURHAM ROAD |
7 Jan 2022 | £103,899 | £98,000 | 416 OLD DURHAM ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 9 Feb 2019. Using an estimated price of £85,163 means this house is valued at £1,013 per sq meter (£94 per sq foot).
The average size of a house on FULLERTON PLACE is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fullerton Place |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fullerton Place |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Fullerton Place |
Jun 2024 | Anti-social behaviour | On or near Listers Lane | |
Jun 2024 | Anti-social behaviour | On or near Listers Lane |