£63,416
This estimated value is based upon the latest sale price for the house of £52,500 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Station Road
More crime details
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Price Paid | Date |
---|---|
£52,500 | 14 Aug 2020 |
£33,000 | 22 Mar 2001 |
£20,000 | 1 Mar 1999 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 August 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £52,500 results in an estimated price of approximately £63,416.
14 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £52,500 | £10,916 | £63,416 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -15.720 % | £-8,253 | £44,246 |
3 Month Average | 6.714 % | £3,525 | £56,025 |
6 Month Average | 9.355 % | £4,911 | £57,411 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 May 2024 | £95,000 | £95,000 | 41 WESTBOURNE DRIVE |
10 Nov 2023 | £120,560 | £117,500 | 11 CAMBRIDGE CRESCENT |
8 Nov 2023 | £123,125 | £120,000 | 4 WESTBOURNE COTTAGES |
30 Oct 2023 | £71,627 | £70,000 | 34 THE CRESCENT |
29 Sep 2023 | £119,637 | £117,000 | 5 HELMSLEY CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 6 Dec 2019. Using an estimated price of £63,417 means this house is valued at £773 per sq meter (£71 per sq foot).
The average size of a house on BARRACK ROW is 106 sq meters (1,148 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Station Road |
May 2024 | Public order | Under investigation | On or near Station Road |