£123,960
This estimated value is based upon the latest sale price for the house of £82,500 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Exeter Road
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Price Paid | Date |
---|---|
£82,500 | 12 Dec 2014 |
£80,000 | 20 Apr 2009 |
£82,000 | 3 Jun 2005 |
£30,000 | 28 Mar 2002 |
£26,950 | 17 Nov 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 80 sq meters or 861 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 December 2014 the House Price Index for TYNE AND WEAR was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £82,500 results in an estimated price of approximately £123,960.
12 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £82,500 | £41,460 | £123,960 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 50.687 % | £41,817 | £124,317 |
3 Month Average | 28.871 % | £23,818 | £106,318 |
6 Month Average | 23.226 % | £19,161 | £101,661 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jun 2024 | £138,000 | £138,000 | 538 STATION ROAD NORTH |
28 Nov 2023 | £235,939 | £229,950 | 11 THE RISINGS |
10 Nov 2023 | £160,063 | £156,000 | 37 EXETER ROAD |
31 Aug 2023 | £139,516 | £137,000 | 19 EXETER ROAD |
18 Nov 2022 | £187,125 | £188,000 | 564 STATION ROAD NORTH |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 12 May 2015. Using an estimated price of £123,961 means this house is valued at £1,549 per sq meter (£143 per sq foot).
The average size of a house on EXETER ROAD is 79 sq meters (853 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Exeter Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Exeter Road |
Jun 2024 | Robbery | Under investigation | On or near Exeter Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Exeter Road |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Exeter Road |