£316,783
This estimated value is based upon the latest sale price for the house of £182,000 on 16 Sep 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£182,000 | 16 Sep 2011 |
Semi-Detached |
Leasehold |
Floor Area: 85 sq meters or 923 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 September 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £182,000 results in an estimated price of approximately £316,783.
16 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.057 % | £182,000 | £134,783 | £316,783 |
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 | 6.606 % | £12,022 | £194,022 |
3 Month Average | 13.350 % | £24,297 | £206,297 |
6 Month Average | 19.575 % | £35,625 | £217,625 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Oct 2023 | £339,716 | £332,000 | 62 CALDERWOOD CRESCENT |
19 Sep 2023 | £265,861 | £260,000 | 19 OAKWOOD AVENUE |
21 Mar 2023 | £345,774 | £340,000 | 10 IVY LANE |
7 Nov 2022 | £194,092 | £195,000 | 16 CEDARS GREEN |
11 Feb 2022 | £375,042 | £355,000 | 60 CALDERWOOD CRESCENT |
This house has a floor area of 85 sq meters or 923 sq feet when measured on 18 Apr 2011. Using an estimated price of £316,783 means this house is valued at £3,692 per sq meter (£343 per sq foot).
The average size of a house on OAKWOOD AVENUE is 166 sq meters (1,794 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Oakwood Avenue |
Jul 2024 | Other crime | Under investigation | On or near Brampton Gardens |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brampton Gardens |
Jul 2024 | Anti-social behaviour | On or near Brampton Gardens | |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Brampton Gardens |