£103,635
This estimated value is based upon the latest sale price for the house of £23,500 on 4 Jun 1999. 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 Usworth Station Road
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Price Paid | Date |
---|---|
£23,500 | 4 Jun 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 1999 the House Price Index for TYNE AND WEAR was 33.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 341.003%.Applying this 341.003% change to the original purchase price of £23,500 results in an estimated price of approximately £103,635.
4 Jun 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.9 | 149.7 | 341.003 % | £23,500 | £80,135 | £103,635 |
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 | -59.586 % | £-14,002 | £9,497 |
3 Month Average | 58.381 % | £13,719 | £37,219 |
6 Month Average | 80.171 % | £18,840 | £42,340 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £175,000 | £175,000 | 12 ROCK TERRACE |
15 Apr 2024 | £40,349 | £39,999 | 27 NEVILLE COURT |
29 Jun 2023 | £78,575 | £77,000 | 13 NENE COURT |
31 Mar 2023 | £86,444 | £85,000 | 45 MANDEVILLE |
27 Jul 2022 | £30,304 | £30,000 | 67 NEVILLE COURT |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 8 Jul 2021. Using an estimated price of £103,636 means this house is valued at £1,645 per sq meter (£152 per sq foot).
The average size of a house on STATION TERRACE is 88 sq meters (948 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Usworth Station Road |
Jul 2024 | Burglary | Under investigation | On or near Usworth Station Road |
Jul 2024 | Anti-social behaviour | On or near Usworth Station Road | |
Jun 2024 | Anti-social behaviour | On or near Usworth Station Road | |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Usworth Station Road |