£268,286
This estimated value is based upon the latest sale price for the house of £200,000 on 21 Jul 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£200,000 | 21 Jul 2016 |
£115,000 | 11 Mar 2011 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 878 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 July 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £200,000 results in an estimated price of approximately £268,286.
21 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £200,000 | £68,286 | £268,286 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -33.016 % | £-66,031 | £133,968 |
3 Month Average | 36.288 % | £72,575 | £272,575 |
6 Month Average | 31.898 % | £63,796 | £263,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £274,383 | £272,000 | 8 UPLANDS |
15 Dec 2023 | £340,462 | £330,000 | 27 WINDSOR ROAD |
20 Sep 2023 | £720,891 | £705,000 | 1 BEECHWOOD AVENUE |
29 Aug 2023 | £611,020 | £600,000 | 65 HILLCREST |
7 Aug 2023 | £534,643 | £525,000 | 15 EASTFIELD AVENUE |
This house has a floor area of 81 sq meters or 878 sq feet when measured on 3 Dec 2010. Using an estimated price of £268,287 means this house is valued at £3,287 per sq meter (£305 per sq foot).
There is one other house on the street which we know the size of, this is 6 WEST AVENUE it is 90.0
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northcote Avenue |
May 2024 | Vehicle crime | Under investigation | On or near Woodleigh Road |
Jun 2024 | Anti-social behaviour | On or near Elmwood Road | |
Jun 2024 | Anti-social behaviour | On or near Elmwood Road | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elmwood Road |