£305,394
This estimated value is based upon the latest sale price for the house of £174,950 on 6 Nov 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£174,950 | 6 Nov 2009 |
Detached |
Freehold |
Floor Area: 81 sq meters or 881 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 November 2009 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £174,950 results in an estimated price of approximately £305,394.
6 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 148.6 | 74.561 % | £174,950 | £130,444 | £305,394 |
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 | -10.803 % | £-18,900 | £156,049 |
3 Month Average | 27.773 % | £48,588 | £223,538 |
6 Month Average | 26.842 % | £46,960 | £221,910 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £294,358 | £290,000 | 10 ORCHARD GARDENS |
25 Aug 2023 | £126,103 | £125,000 | 11 LOUIE TERRACE |
19 Apr 2022 | £293,493 | £285,000 | 113 CHURCH ROAD |
24 Aug 2020 | £137,893 | £115,000 | 46 ST THOMAS STREET |
4 Mar 2020 | £96,355 | £80,000 | 49 WESLEY STREET |
This house has a floor area of 81 sq meters or 881 sq feet when measured on 9 Dec 2008. Using an estimated price of £305,394 means this house is valued at £3,727 per sq meter (£346 per sq foot).
The average size of a house on CHURCH ROAD is 114 sq meters (1,227 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cherrytree Gardens |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherrytree Gardens |
Apr 2024 | Other crime | Under investigation | On or near Wesley Street |
Feb 2024 | Public order | Under investigation | On or near Wesley Street |
Apr 2024 | Vehicle crime | Under investigation | On or near Home Avenue |