£250,669
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£250,000 | 27 Jan 2023 |
£150,000 | 9 May 2014 |
£154,000 | 18 May 2007 |
£45,000 | 18 Apr 1997 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 January 2023 the House Price Index for TYNE AND WEAR was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £250,000 results in an estimated price of approximately £250,669.
27 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £250,000 | £669 | £250,669 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -43.105 % | £-107,762 | £142,237 |
3 Month Average | -20.389 % | £-50,972 | £199,027 |
6 Month Average | -23.540 % | £-58,851 | £191,148 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £165,072 | £160,000 | 31 GARDNER PARK |
16 Oct 2023 | £153,486 | £150,000 | 6 GARDNER PARK |
9 Jun 2023 | £122,454 | £120,000 | 8 GARDNER PARK |
6 Jun 2023 | £109,188 | £107,000 | 19 APPLEBY COURT |
31 Mar 2023 | £139,327 | £137,000 | 4 HAWKEYS LANE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 19 Aug 2013. Using an estimated price of £250,670 means this house is valued at £2,584 per sq meter (£240 per sq foot).
The average size of a house on HAWKEYS LANE is 114 sq meters (1,229 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Spring Gardens | |
Jun 2024 | Anti-social behaviour | On or near Spring Gardens | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spring Gardens |
May 2024 | Anti-social behaviour | On or near Spring Gardens | |
May 2024 | Anti-social behaviour | On or near Spring Gardens |