£155,491
This estimated value is based upon the latest sale price for the house of £98,000 on 5 Jun 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£98,000 | 5 Jun 2007 |
£68,000 | 7 Sep 2006 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 June 2007 the House Price Index for TYNE AND WEAR was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £98,000 results in an estimated price of approximately £155,491.
5 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £98,000 | £57,491 | £155,491 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 78.176 % | £76,612 | £174,612 |
3 Month Average | 11.650 % | £11,416 | £109,416 |
6 Month Average | 14.879 % | £14,581 | £112,581 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £88,127 | £87,000 | 9 CLYDESDALE MOUNT |
5 Aug 2022 | £99,732 | £100,000 | 40 BERESFORD GARDENS |
28 Jun 2022 | £101,433 | £100,000 | 95 AVONDALE RISE |
9 Feb 2022 | £95,746 | £91,300 | 28 CLYDESDALE ROAD |
22 Dec 2021 | £91,603 | £85,500 | 5 CLYDESDALE MOUNT |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 7 Oct 2021. Using an estimated price of £155,491 means this house is valued at £2,933 per sq meter (£272 per sq foot).
The average size of a house on CLYDESDALE ROAD is 70 sq meters (759 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beresford Gardens |