£294,724
This estimated value is based upon the latest sale price for the house of £222,500 on 28 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 |
---|---|
£222,500 | 28 Oct 2016 |
£232,500 | 9 Feb 2007 |
£209,995 | 17 Dec 2004 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £222,500 results in an estimated price of approximately £294,724.
28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £222,500 | £72,224 | £294,724 |
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 | 46.847 % | £104,235 | £326,735 |
3 Month Average | 20.711 % | £46,082 | £268,582 |
6 Month Average | 19.407 % | £43,180 | £265,680 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £91,352 | £90,000 | 23 ROMAN COURT |
14 Jul 2023 | £186,003 | £183,500 | 51 CAESAR WAY |
22 Mar 2023 | £75,713 | £75,000 | 64 CAESAR WAY |
16 Feb 2023 | £261,824 | £262,000 | 4 CAESAR WAY |
27 Jan 2023 | £171,194 | £172,000 | 38 CAESAR WAY |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 8 Oct 2012. Using an estimated price of £294,725 means this house is valued at £2,889 per sq meter (£268 per sq foot).
The average size of a house on CAESAR WAY is 78 sq meters (841 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Caesar Way | |
Mar 2024 | Anti-social behaviour | On or near Caesar Way | |
Mar 2024 | Anti-social behaviour | On or near Caesar Way | |
Apr 2024 | Anti-social behaviour | On or near Cestrium Court | |
Apr 2024 | Anti-social behaviour | On or near Cestrium Court |