£135,028
This estimated value is based upon the latest sale price for the house of £108,500 on 25 Jan 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 |
---|---|
£108,500 | 25 Jan 2019 |
£102,000 | 14 May 2010 |
£51,537 | 13 Nov 1998 |
Semi-Detached |
Freehold |
Floor Area: 57 sq meters or 618 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 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 24.450%.Applying this 24.450% change to the original purchase price of £108,500 results in an estimated price of approximately £135,028.
25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £108,500 | £26,528 | £135,028 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -81.821 % | £-88,776 | £19,723 |
3 Month Average | -26.926 % | £-29,214 | £79,285 |
6 Month Average | -20.499 % | £-22,241 | £86,258 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £148,777 | £145,000 | 18 INGLEBOROUGH CLOSE |
6 Oct 2023 | £168,835 | £165,000 | 23 BAUGH CLOSE |
8 Sep 2023 | £112,480 | £110,000 | 17 WALDRIDGE CLOSE |
7 Aug 2023 | £150,718 | £148,000 | 19 WALDRIDGE CLOSE |
9 Jun 2023 | £134,699 | £132,000 | 12 PENYGHENT WAY |
This house has a floor area of 57 sq meters or 618 sq feet when measured on 4 Mar 2010. Using an estimated price of £135,028 means this house is valued at £2,350 per sq meter (£218 per sq foot).
The average size of a house on PENYGHENT WAY is 74 sq meters (802 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Waldridge Close |
May 2024 | Anti-social behaviour | On or near Penyghent Way | |
May 2024 | Anti-social behaviour | On or near Penyghent Way | |
May 2024 | Anti-social behaviour | On or near Penyghent Way | |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Baugh Close |