£161,534
This estimated value is based upon the latest sale price for the house of £94,995 on 28 Feb 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£94,995 | 28 Feb 2013 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 2013 the House Price Index for TYNE AND WEAR was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £94,995 results in an estimated price of approximately £161,534.
28 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.045 % | £94,995 | £66,539 | £161,534 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 67.489 % | £64,111 | £159,106 |
3 Month Average | 36.999 % | £35,147 | £130,142 |
6 Month Average | 20.874 % | £19,828 | £114,823 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £110,964 | £110,000 | 37 ROSEHILL ROAD |
5 Apr 2024 | £110,968 | £110,004 | 3 HELMSLEY DRIVE |
19 Dec 2023 | £118,646 | £115,000 | 43 HELMSLEY DRIVE |
9 Jun 2023 | £129,597 | £127,000 | 35 ROSEHILL ROAD |
10 Mar 2023 | £155,980 | £153,375 | 33 RAVENSWORTH STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 5 Mar 2013. Using an estimated price of £161,534 means this house is valued at £2,692 per sq meter (£250 per sq foot).
The average size of a house on ROSEHILL ROAD is 73 sq meters (787 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Rosehill Road | |
Jun 2024 | Anti-social behaviour | On or near Rosehill Road | |
Jun 2024 | Anti-social behaviour | On or near Rosehill Road | |
May 2024 | Anti-social behaviour | On or near Rosehill Road | |
May 2024 | Anti-social behaviour | On or near Rosehill Road |