£152,543
This estimated value is based upon the latest sale price for the house of £89,950 on 4 Jun 2010. 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 |
---|---|
£89,950 | 4 Jun 2010 |
£33,000 | 6 Aug 1999 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 906 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 2010 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £89,950 results in an estimated price of approximately £152,543.
4 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.587 % | £89,950 | £62,593 | £152,543 |
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 | -54.569 % | £-49,085 | £40,864 |
3 Month Average | -10.622 % | £-9,554 | £80,395 |
6 Month Average | 5.675 % | £5,104 | £95,054 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jul 2023 | £139,376 | £137,500 | 2 EAST ACRES |
12 Jan 2023 | £111,475 | £112,000 | 7 BIRCHAM DRIVE |
26 Aug 2022 | £114,691 | £115,000 | 8 HIGH AXWELL |
22 Jul 2022 | £105,283 | £105,000 | 17 HIGH AXWELL |
13 Jun 2022 | £139,978 | £138,000 | 2 SHIBDON CRESCENT |
This house has a floor area of 84 sq meters or 906 sq feet when measured on 24 Mar 2010. Using an estimated price of £152,543 means this house is valued at £1,810 per sq meter (£168 per sq foot).
The average size of a house on HIGH AXWELL is 91 sq meters (989 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near Shibdon Crescent |