£244,741
This estimated value is based upon the latest sale price for the house of £132,995 on 2 Sep 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£132,995 | 2 Sep 2005 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 September 2005 the House Price Index for TYNE AND WEAR was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £132,995 results in an estimated price of approximately £244,741.
2 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.3 | 149.7 | 84.023 % | £132,995 | £111,746 | £244,741 |
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 | 64.974 % | £86,412 | £219,407 |
3 Month Average | 46.384 % | £61,688 | £194,683 |
6 Month Average | 34.956 % | £46,489 | £179,484 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £84,600 | £82,000 | 27 ROMAN COURT |
20 Oct 2023 | £163,718 | £160,000 | 63 CAESAR WAY |
13 Oct 2023 | £271,159 | £265,000 | 95 CAESAR WAY |
25 Aug 2023 | £208,765 | £205,000 | 17 ROMAN COURT |
22 Mar 2023 | £76,274 | £75,000 | 64 CAESAR WAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 4 Apr 2015. Using an estimated price of £244,741 means this house is valued at £4,148 per sq meter (£385 per sq foot).
The average size of a house on CAESAR WAY is 78 sq meters (841 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Caesar Way | |
Apr 2024 | Anti-social behaviour | On or near Caesar Way | |
Apr 2024 | Anti-social behaviour | On or near Caesar Way | |
Apr 2024 | Anti-social behaviour | On or near Caesar Way | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cestrium Court |