£331,464
This estimated value is based upon the latest sale price for the house of £205,000 on 6 Dec 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Linden Way
More crime details
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Price Paid | Date |
---|---|
£205,000 | 6 Dec 2013 |
£188,000 | 18 Aug 2006 |
£188,000 | 18 Aug 2006 |
Semi-Detached |
Leasehold |
Floor Area: 118 sq meters or 1,270 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 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £205,000 results in an estimated price of approximately £331,464.
6 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 149.7 | 61.690 % | £205,000 | £126,464 | £331,464 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -5.386 % | £-11,042 | £193,957 |
3 Month Average | 6.866 % | £14,074 | £219,074 |
6 Month Average | 9.332 % | £19,130 | £224,130 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £293,962 | £286,500 | 15 LINDEN WAY |
20 Sep 2023 | £127,818 | £125,000 | 15 SOUTHLANDS |
8 Sep 2023 | £296,537 | £290,000 | 21 THE CEDARS |
7 Oct 2022 | £179,396 | £179,995 | 12 LINDEN WAY |
13 Jul 2022 | £163,640 | £162,000 | 32 THE ROWANS |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 9 Sep 2013. Using an estimated price of £331,464 means this house is valued at £2,809 per sq meter (£260 per sq foot).
The average size of a house on LINDEN WAY is 107 sq meters (1,159 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Linden Way |
Jul 2024 | Burglary | Under investigation | On or near Linden Way |
Jul 2024 | Burglary | Awaiting court outcome | On or near Galloping Green Farm Close |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Galloping Green Farm Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Galloping Green Farm Close |