£235,254
This estimated value is based upon the latest sale price for the house of £72,000 on 19 Oct 2001. 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 Linden Way
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Price Paid | Date |
---|---|
£72,000 | 19 Oct 2001 |
Semi-Detached |
Leasehold |
Floor Area: 74 sq meters or 806 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 2001 the House Price Index for TYNE AND WEAR was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £72,000 results in an estimated price of approximately £235,254.
19 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.8 | 149.7 | 226.742 % | £72,000 | £163,254 | £235,254 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 118.145 % | £85,064 | £157,064 |
3 Month Average | 115.622 % | £83,248 | £155,248 |
6 Month Average | 114.759 % | £82,626 | £154,626 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £105,920 | £105,000 | 21 SHERBURN TERRACE |
8 Nov 2023 | £293,962 | £286,500 | 15 LINDEN WAY |
12 Oct 2023 | £148,370 | £145,000 | 34 WREKENTON ROW |
8 Sep 2023 | £296,537 | £290,000 | 21 THE CEDARS |
13 Jun 2023 | £77,554 | £76,000 | 1 CAPSTAN COURT |
This house has a floor area of 74 sq meters or 806 sq feet when measured on 24 Aug 2009. Using an estimated price of £235,254 means this house is valued at £3,140 per sq meter (£291 per sq foot).
The average size of a house on THE ROWANS is 94 sq meters (1,015 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Linden Way |
Jul 2024 | Public order | Under investigation | On or near Linden Way |
May 2024 | Criminal damage and arson | Under investigation | On or near Tanfield Place |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tanfield Place |
Apr 2024 | Anti-social behaviour | On or near Tanfield Place |