£179,145
This estimated value is based upon the latest sale price for the house of £145,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£145,000 | 28 Jun 2019 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 June 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £145,000 results in an estimated price of approximately £179,145.
28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £145,000 | £34,145 | £179,145 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 2.285 % | £3,313 | £148,313 |
3 Month Average | 10.605 % | £15,376 | £160,376 |
6 Month Average | 17.008 % | £24,661 | £169,661 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £87,000 | £87,000 | 5 FALSTAFF ROAD |
10 Nov 2023 | £121,803 | £120,000 | 28 FALSTAFF ROAD |
10 Mar 2023 | £81,770 | £81,000 | 15 FALSTAFF ROAD |
6 Jan 2023 | £233,898 | £235,000 | 67 HOLLYWELL ROAD |
30 Nov 2022 | £98,803 | £100,000 | 18 FALSTAFF ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 5 Apr 2019. Using an estimated price of £179,146 means this house is valued at £2,012 per sq meter (£187 per sq foot).
The average size of a house on HOLLYWELL ROAD is 96 sq meters (1,038 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Hollywell Road |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollywell Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bolingbroke Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Mortimer Avenue |
Apr 2024 | Other crime | Under investigation | On or near Willoughby Road |