£398,876
This estimated value is based upon the latest sale price for the house of £399,950 on 5 Aug 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£399,950 | 5 Aug 2022 |
£72,950 | 1 Aug 1997 |
Terraced |
Freehold |
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 2022 the House Price Index for TYNE AND WEAR was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £399,950 results in an estimated price of approximately £398,876.
5 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.6 | -0.268 % | £399,950 | £-1,073 | £398,876 |
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 | -38.985 % | £-155,918 | £244,031 |
3 Month Average | -16.641 % | £-66,554 | £333,395 |
6 Month Average | -10.525 % | £-42,095 | £357,854 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £390,786 | £385,000 | 43 WOODBURN DRIVE |
28 Jul 2023 | £215,399 | £212,500 | 1 NEVIS CLOSE |
30 Jun 2023 | £402,374 | £397,500 | 10 CAROLYN WAY |
9 Jun 2023 | £527,650 | £521,259 | 46 ST LUCIA CLOSE |
30 Mar 2023 | £222,092 | £220,000 | 22 NEVIS CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Carolyn Way | |
Mar 2024 | Anti-social behaviour | On or near Carolyn Way | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carolyn Way |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Lodge Court |
Apr 2024 | Anti-social behaviour | On or near Lodge Court |