£178,406
This estimated value is based upon the latest sale price for the house of £130,000 on 4 Jan 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£130,000 | 4 Jan 2016 |
Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 2016 the House Price Index for TYNE AND WEAR was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £130,000 results in an estimated price of approximately £178,406.
4 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £130,000 | £48,406 | £178,406 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -25.604 % | £-33,285 | £96,714 |
3 Month Average | -1.009 % | £-1,311 | £128,688 |
6 Month Average | 22.022 % | £28,628 | £158,628 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £233,456 | £230,000 | 11 ASHDALE CRESCENT |
15 Feb 2023 | £179,879 | £180,000 | 19 ASHDALE CRESCENT |
7 Jul 2022 | £165,445 | £165,000 | 121 MILECASTLE COURT |
4 Jul 2022 | £185,499 | £185,000 | 20 ASHDALE CRESCENT |
14 Apr 2022 | £195,662 | £190,000 | 46 ASHDALE CRESCENT |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 2 Feb 2016. Using an estimated price of £178,406 means this house is valued at £3,075 per sq meter (£285 per sq foot).
The average size of a house on MILECASTLE COURT is 60 sq meters (653 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Milecastle Court |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Milecastle Court |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Milecastle Court |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashdale Crescent |