£140,675
This estimated value is based upon the latest sale price for the house of £80,000 on 12 May 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Exeter Road
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Price Paid | Date |
---|---|
£80,000 | 12 May 2006 |
Flats/Maisonettes |
Leasehold |
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 May 2006 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £80,000 results in an estimated price of approximately £140,675.
12 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.844 % | £80,000 | £60,675 | £140,675 |
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 | 77.851 % | £62,280 | £142,280 |
3 Month Average | 46.363 % | £37,090 | £117,090 |
6 Month Average | 29.774 % | £23,819 | £103,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jun 2024 | £138,000 | £138,000 | 538 STATION ROAD NORTH |
28 Nov 2023 | £235,939 | £229,950 | 11 THE RISINGS |
10 Nov 2023 | £160,063 | £156,000 | 37 EXETER ROAD |
31 Aug 2023 | £139,516 | £137,000 | 19 EXETER ROAD |
18 Nov 2022 | £187,125 | £188,000 | 564 STATION ROAD NORTH |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Exeter Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Exeter Road |
Jun 2024 | Robbery | Under investigation | On or near Exeter Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Exeter Road |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Exeter Road |