£99,684
This estimated value is based upon the latest sale price for the house of £80,000 on 15 Aug 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£80,000 | 15 Aug 2018 |
£57,227 | 29 Jan 2007 |
Flats/Maisonettes |
Freehold |
Floor Area: 88 sq meters or 947 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 August 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £80,000 results in an estimated price of approximately £99,684.
15 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £80,000 | £19,684 | £99,684 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -86.000 % | £-68,799 | £11,200 |
3 Month Average | -29.681 % | £-23,744 | £56,255 |
6 Month Average | -19.206 % | £-15,364 | £64,635 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £177,500 | £177,500 | 31 ESSEX DRIVE |
7 Dec 2023 | £93,369 | £90,500 | 65 COACH ROAD ESTATE |
5 Jun 2023 | £93,881 | £92,000 | 17 COACH ROAD ESTATE |
30 Jan 2023 | £160,429 | £160,000 | 5 WESTMORLAND AVENUE |
25 Nov 2022 | £213,999 | £215,000 | 11 WESTMORLAND AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 2 May 2018. Using an estimated price of £99,685 means this house is valued at £1,132 per sq meter (£105 per sq foot).
The average size of a house on THE PANTILES is 112 sq meters (1,214 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Westmorland Avenue |
May 2024 | Anti-social behaviour | On or near Heworth Road | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heworth Road |
May 2024 | Anti-social behaviour | On or near Heworth Road | |
May 2024 | Anti-social behaviour | On or near Heworth Road |