£104,091
This estimated value is based upon the latest sale price for the house of £82,800 on 1 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£82,800 | 1 Dec 2017 |
£84,000 | 20 Jul 2015 |
Terraced |
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 December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £82,800 results in an estimated price of approximately £104,091.
1 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £82,800 | £21,291 | £104,091 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 110.102 % | £91,164 | £173,964 |
3 Month Average | 53.491 % | £44,290 | £127,090 |
6 Month Average | 36.866 % | £30,524 | £113,324 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £66,855 | £66,000 | 348 HORSLEY ROAD |
27 Apr 2023 | £82,893 | £82,000 | 331 WASKERLEY ROAD |
22 Feb 2023 | £121,918 | £122,000 | 262 HORSLEY ROAD |
29 Jul 2022 | £103,779 | £103,500 | 349 HORSLEY ROAD |
23 Jun 2022 | £76,075 | £75,000 | 325 WASKERLEY ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Feb 2015. Using an estimated price of £104,091 means this house is valued at £1,196 per sq meter (£111 per sq foot).
The average size of a house on HORSLEY ROAD is 89 sq meters (958 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near The Willows | |
Mar 2024 | Anti-social behaviour | On or near The Willows | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Willows |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Waskerley Road |
Mar 2024 | Other crime | Under investigation | On or near Waskerley Road |