£239,369
This estimated value is based upon the latest sale price for the house of £139,950 on 19 Oct 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£139,950 | 19 Oct 2012 |
£120,000 | 14 Aug 2008 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2012 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £139,950 results in an estimated price of approximately £239,369.
19 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 71.040 % | £139,950 | £99,419 | £239,369 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 12.154 % | £17,010 | £156,960 |
3 Month Average | 43.804 % | £61,303 | £201,253 |
6 Month Average | 40.726 % | £56,995 | £196,945 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £253,850 | £249,950 | 115 REGENT TERRACE |
11 Dec 2023 | £247,609 | £240,000 | 131 QUEEN ALEXANDRA ROAD WEST |
1 Aug 2023 | £226,587 | £222,500 | 118 QUEEN ALEXANDRA ROAD WEST |
7 Feb 2023 | £191,278 | £190,000 | 4 EDWINA GARDENS |
25 Mar 2022 | £206,177 | £197,500 | 129 QUEEN ALEXANDRA ROAD WEST |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 6 Sep 2012. Using an estimated price of £239,370 means this house is valued at £2,393 per sq meter (£222 per sq foot).
The average size of a house on EDWINA GARDENS is 116 sq meters (1,255 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ritson Close |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regency Gardens |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Regency Gardens |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |