£132,350
This estimated value is based upon the latest sale price for the house of £97,000 on 14 Apr 2016. 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 |
---|---|
£97,000 | 14 Apr 2016 |
£74,950 | 21 Mar 2003 |
£48,500 | 26 Mar 2002 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 2016 the House Price Index for TYNE AND WEAR was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £97,000 results in an estimated price of approximately £132,350.
14 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £97,000 | £35,350 | £132,350 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -8.092 % | £-7,849 | £89,150 |
3 Month Average | 27.190 % | £26,373 | £123,373 |
6 Month Average | 32.546 % | £31,569 | £128,569 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £146,270 | £145,000 | 36 CHILHAM COURT |
7 Dec 2023 | £119,677 | £116,000 | 45 HONITON WAY |
6 Oct 2023 | £91,068 | £89,000 | 8 PEEBLES CLOSE |
25 Sep 2023 | £138,043 | £135,000 | 7 EWEN COURT |
23 Jan 2023 | £57,153 | £57,000 | 24 PEEBLES CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 28 May 2014. Using an estimated price of £132,351 means this house is valued at £1,813 per sq meter (£168 per sq foot).
The average size of a house on HONITON WAY is 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Honiton Way |
Jul 2024 | Anti-social behaviour | On or near Honiton Way | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Honiton Way |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Honiton Way |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Honiton Way |