£172,804
This estimated value is based upon the latest sale price for the house of £110,700 on 18 Sep 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£110,700 | 18 Sep 2007 |
Semi-Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 September 2007 the House Price Index for TYNE AND WEAR was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £110,700 results in an estimated price of approximately £172,804.
18 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 148.6 | 56.101 % | £110,700 | £62,104 | £172,804 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -7.537 % | £-8,343 | £102,356 |
3 Month Average | 22.639 % | £25,061 | £135,761 |
6 Month Average | 19.176 % | £21,228 | £131,928 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £116,489 | £115,000 | 8 DUDDON PLACE |
2 Feb 2023 | £168,387 | £168,500 | 12 BOWNESS PLACE |
17 Jun 2022 | £111,577 | £110,000 | 17 PENRITH GARDENS |
25 Feb 2022 | £178,278 | £170,000 | 1 TORVER PLACE |
31 Jan 2022 | £68,354 | £64,950 | 57 KENDAL CRESCENT |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 25 Oct 2021. Using an estimated price of £172,804 means this house is valued at £1,645 per sq meter (£152 per sq foot).
The average size of a house on PENRITH GARDENS is 91 sq meters (989 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Penrith Gardens |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Penrith Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Penrith Gardens |
Mar 2024 | Other crime | Under investigation | On or near Penrith Gardens |
Mar 2024 | Anti-social behaviour | On or near Duddon Place |