£152,426
This estimated value is based upon the latest sale price for the house of £45,000 on 27 Jul 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£45,000 | 27 Jul 2001 |
£34,950 | 13 Dec 1996 |
Terraced |
Leasehold |
Floor Area: 55 sq meters or 592 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 July 2001 the House Price Index for TYNE AND WEAR was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £45,000 results in an estimated price of approximately £152,426.
27 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 149.7 | 238.726 % | £45,000 | £107,426 | £152,426 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 373.732 % | £168,179 | £213,179 |
3 Month Average | 336.318 % | £151,343 | £196,343 |
6 Month Average | 256.796 % | £115,558 | £160,558 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £86,916 | £85,000 | 28 PRAETORIAN DRIVE |
3 Apr 2023 | £49,934 | £49,000 | 9 HUGH STREET |
20 Jan 2023 | £142,380 | £142,000 | 59 PRAETORIAN DRIVE |
31 Aug 2022 | £73,845 | £73,500 | 11 PRAETORIAN DRIVE |
15 Jun 2022 | £67,953 | £66,500 | 8 PRAETORIAN DRIVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 14 Jul 2016. Using an estimated price of £152,427 means this house is valued at £2,771 per sq meter (£257 per sq foot).
The average size of a house on CARVILLE ROAD is 80 sq meters (868 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Carville Road | |
Jul 2024 | Anti-social behaviour | On or near Carville Road | |
Jul 2024 | Anti-social behaviour | On or near Carville Road | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carville Road |
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Carville Road |