£193,948
This estimated value is based upon the latest sale price for the house of £132,000 on 24 Apr 2015. 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 | 24 Apr 2015 |
£95,950 | 9 Sep 2003 |
Terraced |
Leasehold |
Floor Area: 75 sq meters or 807 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 April 2015 the House Price Index for TYNE AND WEAR was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £132,000 results in an estimated price of approximately £193,948.
24 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.6 | 46.930 % | £132,000 | £61,948 | £193,948 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 24.978 % | £32,970 | £164,970 |
3 Month Average | 9.029 % | £11,918 | £143,918 |
6 Month Average | 12.143 % | £16,028 | £148,028 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Dec 2023 | £162,849 | £160,000 | 68 ASHBURN ROAD |
1 Jun 2023 | £113,879 | £112,500 | 56 ASHBURN ROAD |
20 Apr 2023 | £111,147 | £109,950 | 19 ASHBURN ROAD |
17 Mar 2023 | £131,236 | £130,000 | 25 CATTON PLACE |
28 Jul 2022 | £120,324 | £120,000 | 18 ASHBURN ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 10 Dec 2014. Using an estimated price of £193,948 means this house is valued at £2,585 per sq meter (£240 per sq foot).
The average size of a house on CULFORD PLACE is 101 sq meters (1,094 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Catton Place |
Mar 2024 | Anti-social behaviour | On or near Catton Place | |
Mar 2024 | Anti-social behaviour | On or near Catton Place | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Catton Place |