£258,305
This estimated value is based upon the latest sale price for the house of £194,450 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£194,450 | 30 Sep 2016 |
£165,000 | 23 Jul 2010 |
Semi-Detached |
Freehold |
Floor Area: 62 sq meters or 667 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 2016 the House Price Index for TYNE AND WEAR was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £194,450 results in an estimated price of approximately £258,305.
30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £194,450 | £63,855 | £258,305 |
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 | 34.995 % | £68,048 | £262,498 |
3 Month Average | 31.628 % | £61,500 | £255,950 |
6 Month Average | 20.879 % | £40,599 | £235,049 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £542,492 | £533,000 | 48 HARTLEY AVENUE |
15 Sep 2023 | £582,447 | £575,000 | 61 HARTLEY AVENUE |
8 Sep 2023 | £222,849 | £220,000 | 34 ALDER GROVE |
27 Apr 2023 | £252,721 | £250,000 | 6 RELTON TERRACE |
3 Feb 2023 | £274,815 | £275,000 | 44 LANGDALE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 15 Jun 2016. Using an estimated price of £258,306 means this house is valued at £4,166 per sq meter (£387 per sq foot).
The average size of a house on LANGDALE is 76 sq meters (826 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Langdale |
Apr 2024 | Anti-social behaviour | On or near Langdale | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Langdale |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Dene |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Denebank |