£124,394
This estimated value is based upon the latest sale price for the house of £100,000 on 26 Jun 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£100,000 | 26 Jun 2018 |
£84,000 | 29 Jun 2012 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 755 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 June 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £100,000 results in an estimated price of approximately £124,394.
26 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £100,000 | £24,394 | £124,394 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 21.313 % | £21,312 | £121,312 |
3 Month Average | 39.081 % | £39,080 | £139,080 |
6 Month Average | 22.445 % | £22,445 | £122,445 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £175,000 | £175,000 | 28 MANOR GARDENS |
6 Dec 2023 | £178,066 | £174,950 | 26 MANOR GARDENS |
8 Nov 2023 | £142,104 | £140,000 | 78 MANOR GARDENS |
5 Aug 2022 | £168,546 | £169,000 | 86 MANOR GARDENS |
8 Dec 2021 | £125,351 | £117,000 | 25 MANOR GARDENS |
This house has a floor area of 70 sq meters or 755 sq feet when measured on 8 Nov 2011. Using an estimated price of £124,394 means this house is valued at £1,772 per sq meter (£164 per sq foot).
The average size of a house on LEAM GARDENS is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Wreken Gardens |
Jan 2024 | Anti-social behaviour | On or near Fellgate Gardens | |
Jan 2024 | Anti-social behaviour | On or near Fellgate Gardens | |
Jan 2024 | Anti-social behaviour | On or near Fellgate Gardens | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Manor Gardens |