£186,276
This estimated value is based upon the latest sale price for the house of £109,500 on 22 Oct 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£109,500 | 22 Oct 2010 |
£110,000 | 1 Oct 2004 |
£38,000 | 10 Mar 2000 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 778 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 2010 the House Price Index for TYNE AND WEAR was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £109,500 results in an estimated price of approximately £186,276.
22 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £109,500 | £76,776 | £186,276 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 27.869 % | £30,516 | £140,016 |
3 Month Average | 20.036 % | £21,939 | £131,439 |
6 Month Average | 25.575 % | £28,004 | £137,504 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £152,254 | £150,000 | 420 STATION ROAD NORTH |
15 Aug 2023 | £149,811 | £148,500 | 454 STATION ROAD NORTH |
7 Jul 2023 | £221,988 | £219,000 | 449 STATION ROAD NORTH |
23 Jun 2023 | £153,864 | £152,000 | 6 CHICKEN ROAD |
16 Jun 2023 | £131,594 | £130,000 | 3 GRACE GARDENS |
This house has a floor area of 72 sq meters or 778 sq feet when measured on 16 Dec 2009. Using an estimated price of £186,276 means this house is valued at £2,574 per sq meter (£239 per sq foot).
The average size of a house on CHICKEN ROAD is 82 sq meters (888 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Mulcaster Gardens |
Mar 2024 | Other theft | Under investigation | On or near Mulcaster Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Mulcaster Gardens |
Apr 2024 | Anti-social behaviour | On or near Primrose Gardens | |
Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Primrose Gardens |