£251,548
This estimated value is based upon the latest sale price for the house of £181,950 on 22 Jan 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£181,950 | 22 Jan 2016 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 January 2016 the House Price Index for TYNE AND WEAR was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £181,950 results in an estimated price of approximately £251,548.
22 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £181,950 | £69,598 | £251,548 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 24.441 % | £44,470 | £226,420 |
3 Month Average | 31.342 % | £57,026 | £238,976 |
6 Month Average | 31.313 % | £56,974 | £238,924 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £310,852 | £304,000 | 6 BOULSWORTH ROAD |
29 Aug 2023 | £290,235 | £285,000 | 48 ROSEWOOD CLOSE |
24 Mar 2023 | £305,095 | £300,000 | 4 BOULSWORTH ROAD |
16 Sep 2022 | £334,776 | £335,000 | 12 TENBURY CRESCENT |
5 Aug 2022 | £403,386 | £401,500 | 8 TENBURY CRESCENT |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 2 Nov 2015. Using an estimated price of £251,548 means this house is valued at £2,891 per sq meter (£268 per sq foot).
The average size of a house on BOULSWORTH ROAD is 138 sq meters (1,488 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Malvern Road |
Apr 2024 | Shoplifting | Under investigation | On or near Rosewood Close |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Rosewood Close |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Colwell Road |
Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Pentland Close |