£225,321
This estimated value is based upon the latest sale price for the house of £219,000 on 7 Jul 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£219,000 | 7 Jul 2023 |
£175,000 | 19 Aug 2016 |
£120,000 | 11 Sep 2015 |
Semi-Detached |
Freehold |
Floor Area: 127 sq meters or 1,367 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 July 2023 the House Price Index for TYNE AND WEAR was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £219,000 results in an estimated price of approximately £225,321.
7 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £219,000 | £6,321 | £225,321 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | -9.152 % | £-20,043 | £198,956 |
3 Month Average | 7.888 % | £17,274 | £236,274 |
6 Month Average | -0.729 % | £-1,596 | £217,403 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £153,907 | £150,000 | 420 STATION ROAD NORTH |
27 Oct 2023 | £227,159 | £222,000 | 49 WILTSHIRE GARDENS |
15 Aug 2023 | £151,228 | £148,500 | 454 STATION ROAD NORTH |
23 Jun 2023 | £155,108 | £152,000 | 6 CHICKEN ROAD |
16 Jun 2023 | £132,658 | £130,000 | 3 GRACE GARDENS |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 22 Jun 2015.
The average size of a house on STATION ROAD NORTH is 91 sq meters (979 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Beechfield Gardens |
Jul 2024 | Other theft | Under investigation | On or near Station Road |
Apr 2024 | Anti-social behaviour | On or near Station Road | |
Apr 2024 | Anti-social behaviour | On or near Station Road | |
Apr 2024 | Anti-social behaviour | On or near Station Road |