£204,743
This estimated value is based upon the latest sale price for the house of £120,000 on 20 Apr 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£120,000 | 20 Apr 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 April 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £120,000 results in an estimated price of approximately £204,743.
20 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.620 % | £120,000 | £84,743 | £204,743 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 56.328 % | £67,593 | £187,593 |
3 Month Average | 66.800 % | £80,159 | £200,159 |
6 Month Average | 51.994 % | £62,392 | £182,392 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £128,244 | £126,000 | 42 VILLAGE COURT |
8 Sep 2023 | £111,374 | £109,950 | 102 VILLAGE COURT |
7 Aug 2023 | £504,413 | £500,000 | 64 VILLAGE COURT |
21 Jul 2023 | £126,705 | £125,000 | 35 VILLAGE COURT |
21 Apr 2023 | £187,014 | £185,000 | 17 VILLAGE COURT |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 2 Oct 2013. Using an estimated price of £204,744 means this house is valued at £3,356 per sq meter (£311 per sq foot).
The average size of a house on VILLAGE COURT is 56 sq meters (611 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Shoplifting | Under investigation | On or near Sanderson Road |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sanderson Road |
Apr 2024 | Shoplifting | Awaiting court outcome | On or near Sanderson Road |
Apr 2024 | Shoplifting | Awaiting court outcome | On or near Sanderson Road |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sanderson Road |