£861,979
This estimated value is based upon the latest sale price for the house of £249,000 on 2 Apr 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£249,000 | 2 Apr 2001 |
£170,000 | 25 Oct 1999 |
Terraced |
Freehold |
Floor Area: 218 sq meters or 2,346 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 April 2001 the House Price Index for TYNE AND WEAR was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £249,000 results in an estimated price of approximately £861,979.
2 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.9 | 148.6 | 246.176 % | £249,000 | £612,979 | £861,979 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 193.922 % | £482,866 | £731,866 |
3 Month Average | 193.096 % | £480,808 | £729,808 |
6 Month Average | 168.901 % | £420,563 | £669,563 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £324,809 | £320,000 | DIGITAL SURVEYS LTD, 32 CLAYTON ROAD |
14 Sep 2023 | £303,885 | £300,000 | 15 ESLINGTON TERRACE |
26 Jul 2023 | £304,093 | £300,000 | FLAT 3 28 ESLINGTON TERRACE |
3 Apr 2023 | £293,156 | £290,000 | FLAT 2 29 ESKDALE TERRACE |
24 Mar 2023 | £285,187 | £282,500 | FLAT B 17 ESLINGTON TERRACE |
This house has a floor area of 218 sq meters or 2,346 sq feet when measured on 3 Aug 2018. Using an estimated price of £861,979 means this house is valued at £3,954 per sq meter (£367 per sq foot).
The average size of a house on CLAYTON ROAD is 168 sq meters (1,810 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clayton Road |
Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Clayton Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingsland |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingsland |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingsland |