£338,236
This estimated value is based upon the latest sale price for the house of £214,000 on 31 Aug 2007. 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 Meadow Rise
More crime details
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Price Paid | Date |
---|---|
£214,000 | 31 Aug 2007 |
£105,995 | 6 Oct 2000 |
Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2007 the House Price Index for TYNE AND WEAR was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £214,000 results in an estimated price of approximately £338,236.
31 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 149.7 | 58.054 % | £214,000 | £124,236 | £338,236 |
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 | 3.079 % | £6,589 | £220,589 |
3 Month Average | 3.350 % | £7,168 | £221,168 |
6 Month Average | 10.545 % | £22,566 | £236,566 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Mar 2023 | £193,227 | £190,000 | 44 MEADOW RISE |
5 May 2022 | £266,955 | £260,000 | 30 MEADOW RISE |
2 Mar 2022 | £188,952 | £181,000 | 25 MEADOW RISE |
29 Sep 2021 | £227,915 | £209,950 | 29 MEADOW RISE |
19 Aug 2021 | £368,631 | £328,000 | 11 MEADOW RISE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 1 Oct 2013. Using an estimated price of £338,236 means this house is valued at £3,382 per sq meter (£314 per sq foot).
The average size of a house on MEADOW RISE is 99 sq meters (1,071 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Meadow Rise |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Crossfield Park |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Crossfield Park |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crossfield Park |
May 2024 | Criminal damage and arson | Under investigation | On or near Crossfield Park |