£87,739
This estimated value is based upon the latest sale price for the house of £70,500 on 27 Mar 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£70,500 | 27 Mar 2019 |
£95,000 | 9 Oct 2008 |
£62,000 | 9 Jan 2004 |
£62,000 | 9 Jan 2004 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £70,500 results in an estimated price of approximately £87,739.
27 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.453 % | £70,500 | £17,239 | £87,739 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -9.507 % | £-6,702 | £63,797 |
3 Month Average | 9.812 % | £6,917 | £77,417 |
6 Month Average | 7.146 % | £5,037 | £75,537 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £121,073 | £118,000 | 36 PICKERING GREEN |
27 Oct 2023 | £86,975 | £85,000 | 8 HELMSLEY GREEN |
18 Aug 2023 | £117,112 | £115,000 | 21 TOPCLIFFE GREEN |
10 Mar 2023 | £121,987 | £119,950 | 15 HAREWOOD GREEN |
17 Feb 2023 | £110,740 | £110,000 | 27 HAREWOOD GREEN |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 7 Feb 2019. Using an estimated price of £87,740 means this house is valued at £1,070 per sq meter (£99 per sq foot).
The average size of a house on PICKERING GREEN is 90 sq meters (976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Waverley Road |
Jul 2024 | Public order | Under investigation | On or near Waverley Road |
Jul 2024 | Anti-social behaviour | On or near Waverley Road | |
Jul 2024 | Anti-social behaviour | On or near Waverley Road | |
Jul 2024 | Anti-social behaviour | On or near Waverley Road |