£140,491
This estimated value is based upon the latest sale price for the house of £90,000 on 28 Sep 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£90,000 | 28 Sep 2007 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 912 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 September 2007 the House Price Index for TYNE AND WEAR was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £90,000 results in an estimated price of approximately £140,491.
28 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 148.6 | 56.101 % | £90,000 | £50,491 | £140,491 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 71.825 % | £64,642 | £154,642 |
3 Month Average | 0.220 % | £198 | £90,198 |
6 Month Average | 13.125 % | £11,812 | £101,812 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £121,803 | £120,000 | 32 DEVON ROAD |
15 Sep 2023 | £111,425 | £110,000 | 17 ELMFIELD ROAD |
21 Aug 2023 | £47,415 | £47,000 | 1 CORNWALL ROAD |
21 Jun 2023 | £78,956 | £78,000 | 93 HEXHAM AVENUE |
17 Mar 2023 | £171,617 | £170,000 | 1 ELMFIELD ROAD |
This house has a floor area of 84 sq meters or 912 sq feet when measured on 8 Jun 2009. Using an estimated price of £140,491 means this house is valued at £1,657 per sq meter (£153 per sq foot).
The average size of a house on CORNWALL ROAD is 100 sq meters (1,078 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cornwall Road |
Apr 2024 | Anti-social behaviour | On or near Cornwall Road | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cornwall Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Rutland Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Rutland Road |