£572,051
This estimated value is based upon the latest sale price for the house of £327,000 on 10 Oct 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£327,000 | 10 Oct 2008 |
Detached |
Freehold |
Floor Area: 229 sq meters or 2,464 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 October 2008 the House Price Index for TYNE AND WEAR was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £327,000 results in an estimated price of approximately £572,051.
10 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 148.6 | 74.939 % | £327,000 | £245,051 | £572,051 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | 0.227 % | £742 | £327,742 |
3 Month Average | 3.918 % | £12,810 | £339,810 |
6 Month Average | 4.640 % | £15,171 | £342,171 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2023 | £196,566 | £194,450 | 52 BLAGDON AVENUE |
6 Jan 2023 | £313,523 | £315,000 | 40 HEPSCOTT TERRACE |
16 Feb 2022 | £227,514 | £216,950 | 43 BLAGDON AVENUE |
21 Jan 2022 | £229,951 | £218,500 | 53 BLAGDON AVENUE |
21 Dec 2021 | £214,275 | £200,000 | 41 BLAGDON AVENUE |
This house has a floor area of 229 sq meters or 2,464 sq feet when measured on 23 Oct 2015. Using an estimated price of £572,051 means this house is valued at £2,498 per sq meter (£232 per sq foot).
The average size of a house on HEPSCOTT TERRACE is 135 sq meters (1,457 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Greta Gardens |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greta Gardens |
Feb 2024 | Anti-social behaviour | On or near Grosvenor Mews | |
Feb 2024 | Anti-social behaviour | On or near Grosvenor Mews | |
Feb 2024 | Anti-social behaviour | On or near Grosvenor Mews |