£144,091
This estimated value is based upon the latest sale price for the house of £33,000 on 9 Jul 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£33,000 | 9 Jul 1999 |
£31,500 | 6 Nov 1996 |
Flats/Maisonettes |
Leasehold |
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 July 1999 the House Price Index for TYNE AND WEAR was 34.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 336.640%.Applying this 336.640% change to the original purchase price of £33,000 results in an estimated price of approximately £144,091.
9 Jul 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.3 | 149.7 | 336.640 % | £33,000 | £111,091 | £144,091 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 146.350 % | £48,295 | £81,295 |
3 Month Average | 278.729 % | £91,980 | £124,980 |
6 Month Average | 281.956 % | £93,045 | £126,045 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £211,811 | £207,000 | 7 RENFREW CLOSE |
18 Aug 2023 | £118,131 | £116,000 | 37 STIRLING DRIVE |
18 Aug 2023 | £264,775 | £260,000 | 6 ELGIN CLOSE |
10 Aug 2023 | £101,786 | £99,950 | 14 LANGHOLM AVENUE |
21 Apr 2023 | £236,932 | £232,500 | 6 MOFFAT CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Renfrew Close | |
Apr 2024 | Anti-social behaviour | On or near Renfrew Close | |
Apr 2024 | Anti-social behaviour | On or near Renfrew Close | |
Apr 2024 | Anti-social behaviour | On or near Renfrew Close | |
Jun 2024 | Robbery | Under investigation | On or near Stirling Drive |