£80,991
This estimated value is based upon the latest sale price for the house of £52,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £52,000 | 30 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2014 the House Price Index for TYNE AND WEAR was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £52,000 results in an estimated price of approximately £80,991.
| 30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £52,000 | £28,991 | £80,991 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -0.160 % | £-83 | £51,916 |
| 3 Month Average | 30.919 % | £16,078 | £68,078 |
| 6 Month Average | 20.276 % | £10,543 | £62,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £110,510 | £108,000 | 25 PARKSIDE AVENUE |
| 6 Oct 2023 | £162,695 | £159,000 | 43 PARKHEAD GARDENS |
| 21 Aug 2023 | £178,214 | £175,000 | 8 PARKHEAD GARDENS |
| 1 Jun 2023 | £158,170 | £155,000 | 14 PARK VIEW |
| 24 Apr 2023 | £122,287 | £120,000 | 34 EASTLANDS |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 24 Oct 2014. Using an estimated price of £80,992 means this house is valued at £1,025 per sq meter (£95 per sq foot).
The average size of a house on CALIFORNIA is 134 sq meters (1,447 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near California | |
| Jun 2024 | Anti-social behaviour | On or near California | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near California |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near California |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near California |