£71,308
This estimated value is based upon the latest sale price for the house of £42,000 on 30 Oct 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£42,000 | 30 Oct 2012 |
£45,000 | 3 Oct 2003 |
£17,000 | 20 Jul 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 684 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 October 2012 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £42,000 results in an estimated price of approximately £71,308.
30 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.783 % | £42,000 | £29,308 | £71,308 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -11.676 % | £-4,904 | £37,095 |
3 Month Average | -22.898 % | £-9,617 | £32,382 |
6 Month Average | -10.169 % | £-4,270 | £37,729 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £64,000 | £64,000 | 6 MANOR VIEW EAST |
13 Dec 2023 | £106,870 | £105,000 | 2 MANOR PARK |
24 Nov 2023 | £187,780 | £185,000 | 20 MANOR PARK |
9 Jun 2023 | £141,717 | £140,000 | 56 MANOR PARK |
17 Apr 2023 | £55,599 | £55,000 | 43 LAURENS COURT |
This house has a floor area of 63 sq meters or 684 sq feet when measured on 15 Sep 2010. Using an estimated price of £71,309 means this house is valued at £1,121 per sq meter (£104 per sq foot).
The average size of a house on COOPERATIVE TERRACE is 82 sq meters (883 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manor View |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manor View |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Manor View |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Manor View |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manor View |