£179,639
This estimated value is based upon the latest sale price for the house of £120,000 on 23 Jan 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 23 Jan 2015 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 January 2015 the House Price Index for TYNE AND WEAR was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £120,000 results in an estimated price of approximately £179,639.
| 23 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £120,000 | £59,639 | £179,639 |
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 | -14.744 % | £-17,693 | £102,306 |
| 3 Month Average | 22.921 % | £27,505 | £147,505 |
| 6 Month Average | 27.612 % | £33,134 | £153,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £163,419 | £162,000 | 5 ST ANSELM ROAD |
| 1 Aug 2023 | £280,051 | £275,000 | 39 BILLY MILL LANE |
| 14 Apr 2023 | £203,812 | £200,000 | 32 MOOR PARK ROAD |
| 21 Nov 2022 | £171,199 | £172,000 | 4 ST ANSELM ROAD |
| 25 Feb 2022 | £100,363 | £95,000 | 36 ST ANSELM ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 4 Dec 2014. Using an estimated price of £179,640 means this house is valued at £2,190 per sq meter (£203 per sq foot).
The average size of a house on MOOR PARK ROAD is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Under investigation | On or near Embleton Road |
| May 2024 | Anti-social behaviour | On or near Embleton Road | |
| May 2024 | Criminal damage and arson | Under investigation | On or near Embleton Road |
| May 2024 | Anti-social behaviour | On or near Embleton Road | |
| May 2024 | Anti-social behaviour | On or near Embleton Road |