£47,705
This estimated value is based upon the latest sale price for the house of £35,750 on 21 Oct 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£35,750 | 21 Oct 2016 |
£56,000 | 14 Dec 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 26 sq meters or 279 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 2016 the House Price Index for TYNE AND WEAR was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £35,750 results in an estimated price of approximately £47,705.
21 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £35,750 | £11,955 | £47,705 |
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 | 85.053 % | £30,406 | £66,156 |
3 Month Average | 39.480 % | £14,114 | £49,864 |
6 Month Average | 17.281 % | £6,177 | £41,927 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jun 2023 | £36,226 | £35,500 | 8 RYEDALE |
3 Apr 2023 | £129,421 | £127,000 | 42 RYEDALE |
27 Jan 2023 | £230,616 | £230,000 | 32 ROSEDALE |
30 Jun 2022 | £40,873 | £39,999 | 25 ROSEDALE |
14 Oct 2021 | £176,118 | £158,000 | 47 RYEDALE |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 4 Jul 2014. Using an estimated price of £47,705 means this house is valued at £1,834 per sq meter (£170 per sq foot).
The average size of a house on ROSEDALE is 42 sq meters (459 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Ryedale |
May 2024 | Anti-social behaviour | On or near Westerdale | |
May 2024 | Anti-social behaviour | On or near Westerdale | |
May 2024 | Anti-social behaviour | On or near Westerdale | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Westerdale |