£123,614
This estimated value is based upon the latest sale price for the house of £84,500 on 26 Jun 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£84,500 | 26 Jun 2015 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 June 2015 the House Price Index for TYNE AND WEAR was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £84,500 results in an estimated price of approximately £123,614.
26 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 149.7 | 46.290 % | £84,500 | £39,114 | £123,614 |
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 | 66.375 % | £56,086 | £140,586 |
3 Month Average | 30.203 % | £25,521 | £110,021 |
6 Month Average | 13.977 % | £11,810 | £96,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £153,907 | £150,000 | 420 STATION ROAD NORTH |
15 Aug 2023 | £151,228 | £148,500 | 454 STATION ROAD NORTH |
23 Jun 2023 | £155,108 | £152,000 | 6 CHICKEN ROAD |
16 Jun 2023 | £132,658 | £130,000 | 3 GRACE GARDENS |
15 Jun 2023 | £140,822 | £138,000 | 383 STATION ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 22 Sep 2014. Using an estimated price of £123,615 means this house is valued at £1,872 per sq meter (£174 per sq foot).
The average size of a house on CHICKEN ROAD is 82 sq meters (888 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Mulcaster Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Mulcaster Gardens |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Mulcaster Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grace Gardens |
Jul 2024 | Other crime | Under investigation | On or near Primrose Gardens |