£243,381
This estimated value is based upon the latest sale price for the house of £197,500 on 3 Oct 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£197,500 | 3 Oct 2018 |
£73,000 | 6 Mar 2000 |
£58,000 | 13 Jun 1997 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 October 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £197,500 results in an estimated price of approximately £243,381.
3 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £197,500 | £45,881 | £243,381 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 13.525 % | £26,712 | £224,212 |
3 Month Average | 19.951 % | £39,403 | £236,903 |
6 Month Average | 10.681 % | £21,095 | £218,595 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £177,608 | £174,500 | 42 FAIRFIELD GREEN |
7 Nov 2023 | £319,734 | £315,000 | 5 FAIR GREEN |
1 Sep 2023 | £238,044 | £235,000 | 10 MIDDLE GREEN |
21 Aug 2023 | £267,339 | £265,000 | 24 MIDDLE GREEN |
27 Jul 2023 | £223,001 | £220,000 | 3 WESTWARD GREEN |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Feb 2018. Using an estimated price of £243,381 means this house is valued at £3,527 per sq meter (£327 per sq foot).
The average size of a house on FAIR GREEN is 75 sq meters (816 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Westward Green | |
Feb 2024 | Anti-social behaviour | On or near Westward Green | |
Feb 2024 | Anti-social behaviour | On or near Westward Green | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green Square |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monks Road |