£274,742
This estimated value is based upon the latest sale price for the house of £160,000 on 23 Feb 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near New Quay
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Price Paid | Date |
---|---|
£160,000 | 23 Feb 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 91 sq meters or 988 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 February 2011 the House Price Index for TYNE AND WEAR was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £160,000 results in an estimated price of approximately £274,742.
23 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 148.6 | 71.714 % | £160,000 | £114,742 | £274,742 |
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 | 39.076 % | £62,521 | £222,521 |
3 Month Average | 38.093 % | £60,948 | £220,948 |
6 Month Average | 48.339 % | £77,342 | £237,342 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £315,521 | £310,000 | 1 BLOCK B SHEPHERDS QUAY |
20 Nov 2023 | £73,589 | £72,500 | 42 TENNYSON TERRACE |
10 Nov 2023 | £91,352 | £90,000 | 2A BREWERY BOND DUKE STREET |
10 Mar 2023 | £268,529 | £265,999 | 15 BLOCK B SHEPHERDS QUAY |
3 Mar 2023 | £167,579 | £166,000 | 48 TENNYSON TERRACE |
This house has a floor area of 91 sq meters or 988 sq feet when measured on 4 Oct 2011. Using an estimated price of £274,743 means this house is valued at £2,990 per sq meter (£277 per sq foot).
The average size of a house on COLLINGWOOD MANSIONS is 106 sq meters (1,148 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near New Quay |
Apr 2024 | Anti-social behaviour | On or near Ferry Terminal | |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Duke Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Duke Street |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Duke Street |