£308,831
This estimated value is based upon the latest sale price for the house of £180,000 on 30 Aug 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Esplanade
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Price Paid | Date |
---|---|
£180,000 | 30 Aug 2012 |
£180,000 | 30 Aug 2012 |
Terraced |
Freehold |
Floor Area: 195 sq meters or 2,098 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 August 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £180,000 results in an estimated price of approximately £308,831.
30 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.573 % | £180,000 | £128,831 | £308,831 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 32.211 % | £57,979 | £237,979 |
3 Month Average | 35.107 % | £63,191 | £243,191 |
6 Month Average | 50.747 % | £91,343 | £271,343 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Dec 2023 | £408,038 | £395,500 | 12 ESPLANADE |
6 Sep 2023 | £368,115 | £360,000 | 27 ESPLANADE |
30 Aug 2023 | £134,934 | £132,500 | 6A ESPLANADE |
29 Aug 2023 | £502,462 | £493,400 | 9 VICTORIA AVENUE |
18 Aug 2023 | £445,536 | £437,500 | 20 ESPLANADE |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 11 Nov 2021. Using an estimated price of £308,832 means this house is valued at £1,583 per sq meter (£147 per sq foot).
The average size of a house on PERCY ROAD is 152 sq meters (1,636 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Esplanade |
May 2024 | Violence and sexual offences | Under investigation | On or near Esplanade |
May 2024 | Other crime | Under investigation | On or near Esplanade |
May 2024 | Violence and sexual offences | Under investigation | On or near Esplanade |
May 2024 | Burglary | Under investigation | On or near Esplanade |