£102,436
This estimated value is based upon the latest sale price for the house of £79,950 on 23 Jun 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£79,950 | 23 Jun 2017 |
£102,000 | 31 Jan 2007 |
£88,500 | 9 Sep 2005 |
£65,950 | 11 Oct 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 June 2017 the House Price Index for TYNE AND WEAR was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £79,950 results in an estimated price of approximately £102,436.
23 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £79,950 | £22,486 | £102,436 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -51.224 % | £-40,953 | £38,996 |
3 Month Average | 0.488 % | £389 | £80,339 |
6 Month Average | 10.009 % | £8,002 | £87,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £157,377 | £156,000 | 53 RECTORY LANE |
31 Jan 2023 | £116,949 | £117,500 | 69 GIBSIDE VIEW |
26 Jan 2023 | £141,633 | £142,300 | 39 FRONT STREET |
25 Nov 2022 | £3,964 | £4,012 | 11 AMBROSE COURT |
25 Aug 2022 | £119,678 | £120,000 | 21 AMBROSE COURT |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 1 Jun 2016. Using an estimated price of £102,436 means this house is valued at £2,179 per sq meter (£202 per sq foot).
The average size of a house on AMBROSE COURT is 75 sq meters (808 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Ambrose Court |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ambrose Court |
Feb 2024 | Public order | Under investigation | On or near Knowledge Hill |