£126,045
This estimated value is based upon the latest sale price for the house of £25,950 on 23 Jan 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£25,950 | 23 Jan 1998 |
£12,000 | 12 Aug 1996 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 1998 the House Price Index for TYNE AND WEAR was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £25,950 results in an estimated price of approximately £126,045.
23 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.8 | 149.7 | 385.724 % | £25,950 | £100,095 | £126,045 |
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 | 166.888 % | £43,307 | £69,257 |
3 Month Average | 193.768 % | £50,282 | £76,232 |
6 Month Average | 214.667 % | £55,706 | £81,656 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £135,720 | £133,000 | 78 CARR HILL ROAD |
2 Jun 2023 | £73,472 | £72,000 | 418 OLD DURHAM ROAD |
14 Oct 2022 | £85,215 | £85,500 | 454 OLD DURHAM ROAD |
14 Jul 2022 | £95,962 | £95,000 | 337 OLD DURHAM ROAD |
7 Jan 2022 | £103,899 | £98,000 | 416 OLD DURHAM ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Apr 2015. Using an estimated price of £126,045 means this house is valued at £1,750 per sq meter (£162 per sq foot).
The average size of a house on FULLERTON PLACE is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fullerton Place |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fullerton Place |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Fullerton Place |
Jun 2024 | Anti-social behaviour | On or near Listers Lane | |
Jun 2024 | Anti-social behaviour | On or near Listers Lane |