£125,650
This estimated value is based upon the latest sale price for the house of £67,000 on 4 Mar 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£67,000 | 4 Mar 2005 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 951 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 March 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £67,000 results in an estimated price of approximately £125,650.
4 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.538 % | £67,000 | £58,650 | £125,650 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -74.436 % | £-49,871 | £17,128 |
3 Month Average | 7.026 % | £4,707 | £71,707 |
6 Month Average | 17.290 % | £11,584 | £78,584 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £35,912 | £35,000 | 34 GLADSTONE TERRACE |
8 Nov 2023 | £38,990 | £38,000 | 3 GLADSTONE TERRACE |
31 Oct 2023 | £130,463 | £127,500 | 1 CHERWELL |
13 Oct 2023 | £51,162 | £50,000 | 2 KENILWORTH COURT |
20 Mar 2023 | £38,137 | £37,500 | 4 GLADSTONE TERRACE |
This house has a floor area of 88 sq meters or 951 sq feet when measured on 16 Mar 2009. Using an estimated price of £125,651 means this house is valued at £1,421 per sq meter (£132 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 125 sq meters (1,346 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Ellen Terrace | |
Jul 2024 | Anti-social behaviour | On or near Ellen Terrace | |
Jun 2024 | Other theft | Under investigation | On or near Ellen Terrace |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ellen Terrace |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ellen Terrace |