£168,648
This estimated value is based upon the latest sale price for the house of £118,000 on 14 Aug 2015. 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 Ottershaw
More crime details
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Price Paid | Date |
---|---|
£118,000 | 14 Aug 2015 |
Semi-Detached |
Leasehold |
Floor Area: 60 sq meters or 645 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 2015 the House Price Index for TYNE AND WEAR was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £118,000 results in an estimated price of approximately £168,648.
14 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £118,000 | £50,648 | £168,648 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | -15.586 % | £-18,391 | £99,608 |
3 Month Average | 7.555 % | £8,914 | £126,914 |
6 Month Average | 16.861 % | £19,895 | £137,895 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £83,512 | £82,500 | 2 ORMISTON |
10 Mar 2023 | £227,140 | £225,000 | 77 NEPTUNE ROAD |
24 Feb 2023 | £184,876 | £185,000 | 26 OTTERSHAW |
1 Sep 2022 | £151,278 | £152,500 | 3 OTTERSHAW |
10 Aug 2022 | £147,104 | £147,500 | 10 ORMSKIRK CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 25 Mar 2015. Using an estimated price of £168,649 means this house is valued at £2,810 per sq meter (£261 per sq foot).
The average size of a house on OTTERSHAW is 91 sq meters (987 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Ottershaw |
Mar 2024 | Anti-social behaviour | On or near Ordley Close | |
Feb 2024 | Anti-social behaviour | On or near Oakenshaw | |
Feb 2024 | Anti-social behaviour | On or near Oakenshaw |