£169,697
This estimated value is based upon the latest sale price for the house of £98,000 on 20 Jan 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£98,000 | 20 Jan 2012 |
£30,750 | 20 May 2005 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 663 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 January 2012 the House Price Index for TYNE AND WEAR was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £98,000 results in an estimated price of approximately £169,697.
20 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 149.7 | 73.160 % | £98,000 | £71,697 | £169,697 |
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 | 95.190 % | £93,286 | £191,286 |
3 Month Average | 56.533 % | £55,402 | £153,402 |
6 Month Average | 31.832 % | £31,195 | £129,195 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £153,907 | £150,000 | 420 STATION ROAD NORTH |
15 Aug 2023 | £151,228 | £148,500 | 454 STATION ROAD NORTH |
23 Jun 2023 | £155,108 | £152,000 | 6 CHICKEN ROAD |
16 Jun 2023 | £132,658 | £130,000 | 3 GRACE GARDENS |
15 Jun 2023 | £140,822 | £138,000 | 383 STATION ROAD |
This house has a floor area of 61 sq meters or 663 sq feet when measured on 6 Jul 2011. Using an estimated price of £169,697 means this house is valued at £2,752 per sq meter (£255 per sq foot).
The average size of a house on CHICKEN ROAD is 82 sq meters (888 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (663 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Mulcaster Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Mulcaster Gardens |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Mulcaster Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grace Gardens |
Jul 2024 | Other crime | Under investigation | On or near Primrose Gardens |