£296,816
This estimated value is based upon the latest sale price for the house of £175,000 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£175,000 | 29 Jun 2012 |
£175,000 | 8 Jun 2006 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 2012 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £175,000 results in an estimated price of approximately £296,816.
29 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £175,000 | £121,816 | £296,816 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 29.631 % | £51,853 | £226,853 |
3 Month Average | 45.805 % | £80,158 | £255,158 |
6 Month Average | 43.998 % | £76,997 | £251,997 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £152,046 | £150,000 | 12A FAIRFIELD DRIVE |
28 Apr 2023 | £363,918 | £360,000 | 21 EARSDON ROAD |
1 Aug 2022 | £383,966 | £385,000 | 7 WESTFIELD AVENUE |
7 Jul 2022 | £365,985 | £365,000 | 25 EARSDON ROAD |
13 Jun 2022 | £340,309 | £335,500 | 20 WESTFIELD AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 Aug 2015. Using an estimated price of £296,816 means this house is valued at £3,576 per sq meter (£332 per sq foot).
The average size of a house on EARSDON ROAD is 106 sq meters (1,144 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Shoplifting | Under investigation | On or near Westfield Avenue |
Mar 2024 | Shoplifting | Under investigation | On or near Westfield Avenue |
Mar 2024 | Shoplifting | Awaiting court outcome | On or near Westfield Avenue |
Mar 2024 | Shoplifting | Under investigation | On or near Westfield Avenue |
Mar 2024 | Public order | Under investigation | On or near Westfield Avenue |