£211,820
This estimated value is based upon the latest sale price for the house of £119,950 on 28 Apr 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£119,950 | 28 Apr 2006 |
£47,950 | 22 Aug 1997 |
Terraced |
Leasehold |
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 2006 the House Price Index for TYNE AND WEAR was 84.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.591%.Applying this 76.591% change to the original purchase price of £119,950 results in an estimated price of approximately £211,820.
28 Apr 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 149.7 | 76.591 % | £119,950 | £91,870 | £211,820 |
The Postcode Pricing Model uses changes in average sales price within the NE35 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 | -20.169 % | £-24,192 | £95,757 |
3 Month Average | -2.140 % | £-2,567 | £117,382 |
6 Month Average | 47.396 % | £56,851 | £176,801 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £306,711 | £299,950 | 58 ROMSEY DRIVE |
28 Apr 2023 | £326,099 | £320,000 | 11 WIMBORNE CLOSE |
5 May 2022 | £141,691 | £138,000 | 44 ROMSEY DRIVE |
4 May 2022 | £246,420 | £240,000 | 2 HAMBLEDON CLOSE |
30 Nov 2021 | £321,408 | £295,000 | 41 ROMSEY DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Fareham Grove |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fareham Grove |
Apr 2024 | Anti-social behaviour | On or near Fareham Grove | |
Apr 2024 | Public order | Under investigation | On or near Fareham Grove |
Apr 2024 | Anti-social behaviour | On or near Fareham Grove |