£96,544
This estimated value is based upon the latest sale price for the house of £60,000 on 31 Jan 2014. 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 |
---|---|
£60,000 | 31 Jan 2014 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 2014 the House Price Index for TYNE AND WEAR was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £60,000 results in an estimated price of approximately £96,544.
31 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 149.7 | 60.908 % | £60,000 | £36,544 | £96,544 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -76.762 % | £-46,057 | £13,942 |
3 Month Average | -16.503 % | £-9,901 | £50,098 |
6 Month Average | -16.270 % | £-9,761 | £50,238 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £168,031 | £165,000 | 3 BINK MOSS |
19 Jun 2023 | £78,575 | £77,000 | 7 STRIDINGEDGE |
16 Jun 2023 | £214,294 | £210,000 | 22 WHERNSIDE CLOSE |
24 Feb 2023 | £151,009 | £150,000 | 26 WHERNSIDE CLOSE |
19 Nov 2021 | £114,400 | £105,000 | 27 LONG CRAG |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 1 Oct 2013. Using an estimated price of £96,545 means this house is valued at £862 per sq meter (£80 per sq foot).
The average size of a house on STRIDINGEDGE is 99 sq meters (1,066 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Dairnbrook | |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Long Crag |
May 2024 | Violence and sexual offences | Under investigation | On or near Long Crag |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Crag |