£91,536
This estimated value is based upon the latest sale price for the house of £72,000 on 13 Oct 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£72,000 | 13 Oct 2017 |
£65,000 | 31 Jul 2015 |
£80,000 | 20 Dec 2006 |
£65,000 | 18 Jun 2004 |
£30,000 | 7 Feb 2002 |
£24,500 | 18 Sep 1998 |
Terraced |
Freehold |
Floor Area: 44 sq meters or 473 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 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £72,000 results in an estimated price of approximately £91,536.
13 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £72,000 | £19,536 | £91,536 |
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 | 80.907 % | £58,253 | £130,253 |
3 Month Average | 34.119 % | £24,565 | £96,565 |
6 Month Average | 19.161 % | £13,796 | £85,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jun 2024 | £159,000 | £159,000 | 5 CARNFORTH CLOSE |
19 Dec 2023 | £130,510 | £126,500 | 26 CARNFORTH CLOSE |
30 Nov 2023 | £248,816 | £242,500 | 45 LANCASTER DRIVE |
2 Jun 2023 | £234,703 | £230,000 | 1 LYTHAM CLOSE |
27 Jan 2023 | £143,383 | £143,000 | 105 CHELFORD CLOSE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 9 Mar 2017. Using an estimated price of £91,537 means this house is valued at £2,080 per sq meter (£193 per sq foot).
The average size of a house on CARNFORTH CLOSE is 61 sq meters (658 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Carnforth Close | |
May 2024 | Anti-social behaviour | On or near Carnforth Close | |
May 2024 | Anti-social behaviour | On or near Carnforth Close | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Drive |
Jun 2024 | Public order | Under investigation | On or near Lancaster Drive |