£148,351
This estimated value is based upon the latest sale price for the house of £132,000 on 6 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£132,000 | 6 Aug 2021 |
£122,000 | 28 Jun 2019 |
£38,000 | 23 Jul 1999 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £132,000 results in an estimated price of approximately £148,351.
6 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £132,000 | £16,351 | £148,351 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 27.038 % | £35,690 | £167,690 |
3 Month Average | 1.050 % | £1,386 | £133,386 |
6 Month Average | -2.922 % | £-3,856 | £128,143 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £131,334 | £128,000 | CARR HILL CLINIC CARR HILL ROAD |
27 Oct 2023 | £92,092 | £90,000 | 2 HADRIAN PLACE |
27 Oct 2023 | £111,533 | £109,000 | 99 HENDON ROAD |
13 Oct 2023 | £129,951 | £127,000 | 92 BROADWAY |
12 Oct 2023 | £95,161 | £93,000 | 1 PILGRIMSWAY |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 28 Nov 2018. Using an estimated price of £148,351 means this house is valued at £1,705 per sq meter (£158 per sq foot).
The average size of a house on NORTHWAY is 135 sq meters (1,458 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Robbery | Under investigation | On or near Pilgrimsway |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Pattinson Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Pattinson Gardens |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |