£272,969
This estimated value is based upon the latest sale price for the house of £165,000 on 12 Jan 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£165,000 | 12 Jan 2007 |
£59,950 | 18 Dec 1998 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 2007 the House Price Index for TYNE AND WEAR was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £165,000 results in an estimated price of approximately £272,969.
12 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.5 | 149.7 | 65.436 % | £165,000 | £107,969 | £272,969 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 8.966 % | £14,794 | £179,794 |
3 Month Average | 12.955 % | £21,375 | £186,375 |
6 Month Average | 16.833 % | £27,773 | £192,773 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £210,787 | £206,000 | 15 LARNE CRESCENT |
30 Aug 2023 | £208,765 | £205,000 | 47 CHURCH ROAD |
11 Aug 2023 | £187,380 | £184,000 | 45 GLYNWOOD GARDENS |
24 Apr 2023 | £173,240 | £170,000 | 2 GLYNWOOD GARDENS |
30 Mar 2023 | £193,227 | £190,000 | 35 GLYNWOOD GARDENS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 19 Jun 2019. Using an estimated price of £272,970 means this house is valued at £3,591 per sq meter (£333 per sq foot).
The average size of a house on LARNE CRESCENT is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Theft from the person | Under investigation | On or near Church Road |
Jul 2024 | Anti-social behaviour | On or near Hill Top Gardens | |
Jun 2024 | Other theft | Under investigation | On or near Hill Top Gardens |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Hill Top Gardens |
Apr 2024 | Other crime | Under investigation | On or near Hill Top Gardens |