£200,905
This estimated value is based upon the latest sale price for the house of £163,000 on 14 Feb 2020. 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 |
---|---|
£163,000 | 14 Feb 2020 |
£68,000 | 31 Jul 2000 |
Terraced |
Leasehold |
Floor Area: 91 sq meters or 979 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £163,000 results in an estimated price of approximately £200,905.
14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £163,000 | £37,905 | £200,905 |
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 | 3.540 % | £5,770 | £168,770 |
3 Month Average | 3.594 % | £5,858 | £168,858 |
6 Month Average | 8.997 % | £14,664 | £177,664 |
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 91 sq meters or 979 sq feet when measured on 18 Oct 2013. Using an estimated price of £200,905 means this house is valued at £2,207 per sq meter (£205 per sq foot).
The average size of a house on LINDEN WAY is 107 sq meters (1,159 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 |
Jul 2024 | Other crime | Under investigation | On or near Tanfield Road |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tanfield Road |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tanfield Place |