£92,816
This estimated value is based upon the latest sale price for the house of £85,500 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £85,500 | 29 Sep 2021 |
| £39,999 | 7 Jul 2020 |
| £68,500 | 8 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £85,500 results in an estimated price of approximately £92,816.
| 29 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £85,500 | £7,316 | £92,816 |
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 | -34.437 % | £-29,443 | £56,056 |
| 3 Month Average | 6.956 % | £5,947 | £91,447 |
| 6 Month Average | 0.603 % | £515 | £86,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £105,000 | £105,000 | 35 MORWICK ROAD |
| 21 Sep 2023 | £139,066 | £136,000 | 62 MORWICK ROAD |
| 26 Jun 2023 | £173,476 | £170,000 | 21 NETHERTON AVENUE |
| 6 Jan 2023 | £137,116 | £136,750 | 2 NETHERTON AVENUE |
| 18 Mar 2022 | £140,931 | £135,000 | 44 LYNN ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 10 Jul 2018. Using an estimated price of £92,816 means this house is valued at £1,784 per sq meter (£165 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Acton Drive | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Acton Drive |
| Jul 2024 | Anti-social behaviour | On or near Acton Drive | |
| Jul 2024 | Anti-social behaviour | On or near Acton Drive | |
| Jul 2024 | Anti-social behaviour | On or near Acton Drive |