£378,206
This estimated value is based upon the latest sale price for the house of £280,000 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£280,000 | 24 Mar 2016 |
£170,000 | 30 Apr 2012 |
Terraced |
Freehold |
Floor Area: 168 sq meters or 1,808 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 2016 the House Price Index for TYNE AND WEAR was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £280,000 results in an estimated price of approximately £378,206.
24 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £280,000 | £98,206 | £378,206 |
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 | 19.628 % | £54,959 | £334,959 |
3 Month Average | 37.528 % | £105,077 | £385,077 |
6 Month Average | 45.105 % | £126,294 | £406,294 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £307,937 | £304,000 | 6 BOULSWORTH ROAD |
29 Aug 2023 | £287,515 | £285,000 | 48 ROSEWOOD CLOSE |
24 Mar 2023 | £302,853 | £300,000 | 4 BOULSWORTH ROAD |
16 Sep 2022 | £332,316 | £335,000 | 12 TENBURY CRESCENT |
5 Aug 2022 | £400,422 | £401,500 | 8 TENBURY CRESCENT |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 21 Jan 2016. Using an estimated price of £378,207 means this house is valued at £2,251 per sq meter (£209 per sq foot).
The average size of a house on BOULSWORTH ROAD is 138 sq meters (1,488 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Rosewood Close |
Apr 2024 | Shoplifting | Under investigation | On or near Rosewood Close |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Rosewood Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Rosewood Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Rosewood Close |