£144,770
This estimated value is based upon the latest sale price for the house of £66,000 on 19 Dec 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Usworth Station Road
More crime details
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Price Paid | Date |
---|---|
£66,000 | 19 Dec 2003 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 December 2003 the House Price Index for TYNE AND WEAR was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £66,000 results in an estimated price of approximately £144,770.
19 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 149.7 | 119.349 % | £66,000 | £78,770 | £144,770 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -65.490 % | £-43,223 | £22,776 |
3 Month Average | 27.695 % | £18,278 | £84,278 |
6 Month Average | 34.519 % | £22,782 | £88,782 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jun 2024 | £27,000 | £27,000 | 81 NEVILLE COURT |
15 Apr 2024 | £40,349 | £39,999 | 27 NEVILLE COURT |
25 Mar 2024 | £35,546 | £35,000 | 44 NEVILLE COURT |
20 Oct 2023 | £30,697 | £30,000 | 61 NEVILLE COURT |
13 Oct 2023 | £25,581 | £25,000 | 30 NEVILLE COURT |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 6 Sep 2013. Using an estimated price of £144,770 means this house is valued at £1,405 per sq meter (£130 per sq foot).
The average size of a house on JOHNSON TERRACE is 106 sq meters (1,145 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Usworth Station Road |
Jul 2024 | Burglary | Under investigation | On or near Usworth Station Road |
Jun 2024 | Anti-social behaviour | On or near Usworth Station Road | |
May 2024 | Burglary | Under investigation | On or near Usworth Station Road |