£142,742
This estimated value is based upon the latest sale price for the house of £95,000 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£95,000 | 19 Dec 2014 |
Semi-Detached |
Freehold |
Floor Area: 62 sq meters or 667 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 December 2014 the House Price Index for TYNE AND WEAR was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £95,000 results in an estimated price of approximately £142,742.
19 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £95,000 | £47,742 | £142,742 |
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 | 50.687 % | £48,153 | £143,153 |
3 Month Average | 28.871 % | £27,427 | £122,427 |
6 Month Average | 23.226 % | £22,064 | £117,064 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £328,334 | £320,000 | 62 THE RISINGS |
31 Oct 2023 | £102,324 | £100,000 | 9 MULLEN GARDENS |
6 Oct 2023 | £120,231 | £117,500 | 38 MASON ROAD |
18 Jan 2023 | £140,375 | £140,000 | 10 CHURCHER GARDENS |
11 Nov 2022 | £156,269 | £157,000 | 2 MASON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 19 Jul 2014. Using an estimated price of £142,743 means this house is valued at £2,302 per sq meter (£213 per sq foot).
The average size of a house on MCILVENNA GARDENS is 84 sq meters (911 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Mcilvenna Gardens |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mcilvenna Gardens |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mcilvenna Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Mullen Road |
May 2024 | Anti-social behaviour | On or near Mullen Road |