£158,865
This estimated value is based upon the latest sale price for the house of £156,000 on 24 Aug 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£156,000 | 24 Aug 2023 |
£129,950 | 15 Feb 2019 |
£112,500 | 21 Jul 2006 |
Flats/Maisonettes |
Freehold |
Floor Area: 86 sq meters or 930 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 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £156,000 results in an estimated price of approximately £158,865.
24 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £156,000 | £2,865 | £158,865 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 45.951 % | £71,684 | £227,684 |
3 Month Average | 5.155 % | £8,041 | £164,041 |
6 Month Average | 2.426 % | £3,783 | £159,783 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £159,037 | £155,000 | 5 OAKWOOD CLOSE |
16 Nov 2023 | £208,287 | £203,000 | 6 FELL ROAD |
10 Nov 2023 | £87,214 | £85,000 | 7 FERNDALE TERRACE |
2 Nov 2023 | £162,115 | £158,000 | 5 FELL PLACE |
25 Oct 2023 | £140,184 | £137,000 | 1 WEST VIEW |
This house has a floor area of 86 sq meters or 930 sq feet when measured on 18 Oct 2010. Using an estimated price of £158,865 means this house is valued at £1,837 per sq meter (£170 per sq foot).
The average size of a house on FERNDALE TERRACE is 75 sq meters (807 sq feet).
This house is the largest in the street with a floor area of 86 sq meters (930 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fell Road |
Apr 2024 | Other crime | Under investigation | On or near Fell Road |
Jun 2024 | Anti-social behaviour | On or near Beech Grove | |
Jun 2024 | Anti-social behaviour | On or near Beech Grove | |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beech Grove |