£237,857
This estimated value is based upon the latest sale price for the house of £150,000 on 24 Mar 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£150,000 | 24 Mar 2014 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,097 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 March 2014 the House Price Index for TYNE AND WEAR was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £150,000 results in an estimated price of approximately £237,857.
24 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £150,000 | £87,857 | £237,857 |
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 | -33.785 % | £-50,678 | £99,321 |
3 Month Average | 30.691 % | £46,036 | £196,036 |
6 Month Average | 33.620 % | £50,429 | £200,429 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £86,326 | £85,000 | 15 WILTON MANSE THORNTREE DRIVE |
1 Dec 2023 | £61,902 | £60,000 | FLAT 30 WILTON MANSE(APU) THORNTREE DRIVE |
6 Oct 2023 | £204,648 | £200,000 | 6 HAREWOOD CLOSE |
25 Aug 2023 | £256,629 | £252,000 | 128 THORNTREE DRIVE |
30 Jun 2023 | £198,988 | £195,000 | 36 HAREWOOD CRESCENT |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 1 Aug 2013. Using an estimated price of £237,857 means this house is valued at £2,331 per sq meter (£216 per sq foot).
The average size of a house on HAREWOOD CRESCENT is 91 sq meters (983 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Under investigation | On or near Thorntree Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Thorntree Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Harewood Crescent |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Harewood Crescent |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Harewood Crescent |