£157,261
This estimated value is based upon the latest sale price for the house of £107,500 on 18 Jun 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£107,500 | 18 Jun 2015 |
£135,450 | 15 Jan 2010 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 June 2015 the House Price Index for TYNE AND WEAR was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £107,500 results in an estimated price of approximately £157,261.
18 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 149.7 | 46.290 % | £107,500 | £49,761 | £157,261 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -23.701 % | £-25,478 | £82,021 |
3 Month Average | 24.693 % | £26,544 | £134,044 |
6 Month Average | 11.600 % | £12,469 | £119,969 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £134,165 | £133,000 | 12 ROBINSONS DRIVE |
12 Dec 2023 | £142,891 | £138,500 | 34 LOW MILL VILLAS |
18 Aug 2023 | £178,214 | £175,000 | 66 PICKERING DRIVE |
10 Feb 2023 | £177,184 | £176,000 | 9 LOW MILL VILLAS |
6 Jan 2023 | £148,397 | £148,000 | 8 LOW MILL VILLAS |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 10 Nov 2009. Using an estimated price of £157,262 means this house is valued at £2,418 per sq meter (£224 per sq foot).
The average size of a house on ROBINSONS DRIVE is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Robinsons Drive |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Low Mill Villas |
May 2024 | Anti-social behaviour | On or near Rennison Mews | |
May 2024 | Anti-social behaviour | On or near Rennison Mews | |
May 2024 | Anti-social behaviour | On or near Rennison Mews |