£286,436
This estimated value is based upon the latest sale price for the house of £175,000 on 8 Nov 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£175,000 | 8 Nov 2013 |
£195,000 | 5 Apr 2007 |
Terraced |
Freehold |
Floor Area: 150 sq meters or 1,614 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 November 2013 the House Price Index for TYNE AND WEAR was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £175,000 results in an estimated price of approximately £286,436.
8 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 149.7 | 63.678 % | £175,000 | £111,436 | £286,436 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 32.959 % | £57,678 | £232,678 |
3 Month Average | 41.933 % | £73,383 | £248,383 |
6 Month Average | 51.450 % | £90,037 | £265,037 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £198,603 | £192,500 | 21 LISH AVENUE |
20 Nov 2023 | £256,511 | £250,000 | 15 NORTH VIEW |
18 Aug 2023 | £157,847 | £155,000 | 4 BRAESIDE TERRACE |
26 Jun 2023 | £153,067 | £150,000 | 14 MARDEN CRESCENT |
24 Mar 2023 | £427,133 | £420,000 | 18 WHITLEY ROAD |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 1 Nov 2014. Using an estimated price of £286,436 means this house is valued at £1,909 per sq meter (£177 per sq foot).
The average size of a house on WHITLEY ROAD is 103 sq meters (1,110 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Marden Crescent | |
Jul 2024 | Other crime | Under investigation | On or near Marden Crescent |
Jul 2024 | Anti-social behaviour | On or near Marden Crescent | |
Jun 2024 | Anti-social behaviour | On or near Marden Crescent | |
Jun 2024 | Anti-social behaviour | On or near Marden Crescent |