£153,268
This estimated value is based upon the latest sale price for the house of £27,000 on 26 Jun 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £27,000 | 26 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 1995 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.662%.Applying this 467.662% change to the original purchase price of £27,000 results in an estimated price of approximately £153,268.
| 26 Jun 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.662 % | £27,000 | £126,268 | £153,268 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -53.060 % | £-14,326 | £12,673 |
| 3 Month Average | 89.283 % | £24,106 | £51,106 |
| 6 Month Average | 118.677 % | £32,042 | £59,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £48,000 | £48,000 | 453 COACH ROAD ESTATE |
| 5 Apr 2024 | £67,083 | £66,500 | 550 COACH ROAD ESTATE |
| 15 Dec 2023 | £98,012 | £95,000 | 188 COACH ROAD ESTATE |
| 8 Dec 2023 | £86,663 | £84,000 | 447 COACH ROAD ESTATE |
| 17 Nov 2023 | £102,605 | £100,000 | 537 COACH ROAD ESTATE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Feb 2015. Using an estimated price of £153,269 means this house is valued at £1,761 per sq meter (£163 per sq foot).
The average size of a house on COACH ROAD ESTATE is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Anti-social behaviour | On or near Parking Area |