£230,637
This estimated value is based upon the latest sale price for the house of £232,500 on 1 Sep 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£232,500 | 1 Sep 2022 |
£160,000 | 27 Apr 2007 |
£140,995 | 29 Oct 2004 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 868 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 September 2022 the House Price Index for TYNE AND WEAR was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £232,500 results in an estimated price of approximately £230,637.
1 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.8 | 148.6 | -0.801 % | £232,500 | £-1,862 | £230,637 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | -35.590 % | £-82,746 | £149,753 |
3 Month Average | -8.619 % | £-20,038 | £212,461 |
6 Month Average | -5.860 % | £-13,624 | £218,875 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £186,003 | £183,500 | 51 CAESAR WAY |
5 Jul 2023 | £172,269 | £169,950 | 1 CESTRIUM COURT |
22 Mar 2023 | £75,713 | £75,000 | 64 CAESAR WAY |
27 Jan 2023 | £171,194 | £172,000 | 38 CAESAR WAY |
1 Sep 2022 | £230,638 | £232,500 | 20 CESTRIUM COURT |
This house has a floor area of 80 sq meters or 868 sq feet when measured on 16 Feb 2012. Using an estimated price of £230,638 means this house is valued at £2,859 per sq meter (£265 per sq foot).
The average size of a house on CESTRIUM COURT is 74 sq meters (797 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Cestrium Court | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cestrium Court |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cestrium Court |
Apr 2024 | Anti-social behaviour | On or near Cestrium Court | |
Apr 2024 | Anti-social behaviour | On or near Cestrium Court |