£576,150
This estimated value is based upon the latest sale price for the house of £105,000 on 25 Oct 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £105,000 | 25 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 October 1996 the House Price Index for TYNE AND WEAR was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £105,000 results in an estimated price of approximately £576,150.
| 25 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 148.6 | 448.715 % | £105,000 | £471,150 | £576,150 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 291.410 % | £305,980 | £410,980 |
| 3 Month Average | 288.573 % | £303,002 | £408,002 |
| 6 Month Average | 269.358 % | £282,825 | £387,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £392,012 | £387,000 | 19 EARNSHAW WAY |
| 10 Aug 2023 | £771,752 | £765,000 | 35 EARNSHAW WAY |
| 28 Jul 2023 | £664,189 | £655,250 | 17 BEAUMONT DRIVE |
| 21 Jul 2023 | £506,771 | £499,950 | 21 EARNSHAW WAY |
| 28 Oct 2022 | £455,100 | £460,000 | 11 DACHET ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 7 Aug 2015. Using an estimated price of £576,150 means this house is valued at £4,398 per sq meter (£408 per sq foot).
The average size of a house on DACHET ROAD is 144 sq meters (1,552 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Beaconsfield Close | |
| Jan 2024 | Anti-social behaviour | On or near Beaconsfield Close | |
| Jan 2024 | Anti-social behaviour | On or near Beaconsfield Close | |
| Jan 2024 | Anti-social behaviour | On or near Beaconsfield Close | |
| Apr 2024 | Anti-social behaviour | On or near Nevis Way |