£321,241
This estimated value is based upon the latest sale price for the house of £310,000 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£310,000 | 4 Mar 2022 |
£80,950 | 2 Jun 2002 |
Semi-Detached |
Freehold |
Floor Area: 146 sq meters or 1,571 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 March 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £310,000 results in an estimated price of approximately £321,241.
4 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £310,000 | £11,241 | £321,241 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 75.838 % | £235,097 | £545,097 |
3 Month Average | -20.501 % | £-63,554 | £246,445 |
6 Month Average | 8.511 % | £26,385 | £336,385 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2023 | £248,004 | £245,000 | 36 FOX & HOUNDS ROAD |
8 Jun 2023 | £248,004 | £245,000 | 12 TILLMOUTH GARDENS |
27 Feb 2023 | £173,383 | £173,500 | 374 WEST ROAD |
20 Jan 2023 | £167,212 | £168,000 | 26 FOX & HOUNDS ROAD |
4 Apr 2022 | £216,258 | £210,000 | 5 TWO BALL LONNEN |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 3 Dec 2015. Using an estimated price of £321,241 means this house is valued at £2,200 per sq meter (£204 per sq foot).
The average size of a house on TWO BALL LONNEN is 89 sq meters (958 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fox And Hounds Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Fox And Hounds Road |
Jan 2024 | Other theft | Under investigation | On or near Fox And Hounds Road |
Jan 2024 | Anti-social behaviour | On or near Fox And Hounds Road | |
Jan 2024 | Anti-social behaviour | On or near Fox And Hounds Road |