£131,632
This estimated value is based upon the latest sale price for the house of £34,000 on 17 Mar 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£34,000 | 17 Mar 2000 |
£30,000 | 29 May 1998 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 905 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 2000 the House Price Index for TYNE AND WEAR was 38.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 287.153%.Applying this 287.153% change to the original purchase price of £34,000 results in an estimated price of approximately £131,632.
17 Mar 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
38.4 | 148.6 | 287.153 % | £34,000 | £97,632 | £131,632 |
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 | 239.648 % | £81,480 | £115,480 |
3 Month Average | 219.937 % | £74,778 | £108,778 |
6 Month Average | 227.893 % | £77,483 | £111,483 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Jul 2022 | £138,372 | £138,000 | 42 WINDSOR DRIVE |
14 Feb 2022 | £104,869 | £100,000 | 50 ILFORD ROAD |
11 Feb 2022 | £78,652 | £75,000 | 61 WINDSOR DRIVE |
10 Dec 2021 | £85,710 | £80,000 | 9 ILFORD ROAD |
10 Dec 2021 | £147,850 | £138,000 | 33 WINDSOR DRIVE |
This house has a floor area of 84 sq meters or 905 sq feet when measured on 1 Mar 2011. Using an estimated price of £131,632 means this house is valued at £1,564 per sq meter (£145 per sq foot).
The average size of a house on MALVERN ROAD is 99 sq meters (1,066 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Malvern Road |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Ilford Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Ilford Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ilford Road |
Apr 2024 | Public order | Under investigation | On or near Garden Park |