£130,510
This estimated value is based upon the latest sale price for the house of £126,500 on 19 Dec 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£126,500 | 19 Dec 2023 |
£75,000 | 19 Dec 2014 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 December 2023 the House Price Index for TYNE AND WEAR was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £126,500 results in an estimated price of approximately £130,510.
19 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £126,500 | £4,010 | £130,510 |
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 | 79.413 % | £100,457 | £226,957 |
3 Month Average | 10.843 % | £13,716 | £140,216 |
6 Month Average | -4.783 % | £-6,050 | £120,449 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jun 2024 | £159,000 | £159,000 | 5 CARNFORTH CLOSE |
19 Dec 2023 | £130,510 | £126,500 | 26 CARNFORTH CLOSE |
18 Dec 2023 | £69,640 | £67,500 | 103 CHELFORD CLOSE |
30 Nov 2023 | £248,816 | £242,500 | 45 LANCASTER DRIVE |
2 Jun 2023 | £234,703 | £230,000 | 1 LYTHAM CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 13 Oct 2014. Using an estimated price of £130,510 means this house is valued at £2,212 per sq meter (£205 per sq foot).
The average size of a house on CARNFORTH CLOSE is 61 sq meters (658 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Carnforth Close | |
May 2024 | Anti-social behaviour | On or near Carnforth Close | |
May 2024 | Anti-social behaviour | On or near Carnforth Close | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Drive |
Jun 2024 | Public order | Under investigation | On or near Lancaster Drive |