£197,798
This estimated value is based upon the latest sale price for the house of £120,000 on 4 Oct 2013. 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 |
---|---|
£120,000 | 4 Oct 2013 |
£167,950 | 15 Feb 2007 |
£59,950 | 4 Oct 2001 |
£55,500 | 27 Oct 2000 |
Semi-Detached |
Freehold |
Floor Area: 51 sq meters or 548 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 October 2013 the House Price Index for TYNE AND WEAR was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £120,000 results in an estimated price of approximately £197,798.
4 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 149.7 | 64.832 % | £120,000 | £77,798 | £197,798 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -78.016 % | £-93,619 | £26,380 |
3 Month Average | -26.422 % | £-31,705 | £88,294 |
6 Month Average | -20.446 % | £-24,535 | £95,464 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 May 2024 | £260,000 | £260,000 | 5 SUSSEX PLACE |
14 Nov 2023 | £202,131 | £197,000 | 131 ESSEX DRIVE |
17 Mar 2023 | £76,274 | £75,000 | 69 TYNE GARDENS |
26 Jan 2023 | £172,461 | £172,000 | 5 MONTEREY |
3 Nov 2022 | £109,488 | £110,000 | 16 MONTEREY |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 13 Jun 2013. Using an estimated price of £197,798 means this house is valued at £3,878 per sq meter (£360 per sq foot).
The average size of a house on MONTEREY is 57 sq meters (622 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monterey |
Jul 2024 | Anti-social behaviour | On or near Don Gardens | |
Jul 2024 | Anti-social behaviour | On or near Don Gardens | |
Jul 2024 | Anti-social behaviour | On or near Don Gardens | |
May 2024 | Anti-social behaviour | On or near Don Gardens |