£134,652
This estimated value is based upon the latest sale price for the house of £71,950 on 4 Feb 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£71,950 | 4 Feb 2005 |
Terraced |
Freehold |
Floor Area: 43 sq meters or 462 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 2005 the House Price Index for TYNE AND WEAR was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £71,950 results in an estimated price of approximately £134,652.
4 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.4 | 148.6 | 87.147 % | £71,950 | £62,702 | £134,652 |
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 | 44.229 % | £31,822 | £103,772 |
3 Month Average | 56.372 % | £40,559 | £112,509 |
6 Month Average | 56.217 % | £40,447 | £112,397 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £356,233 | £350,000 | 1 SIMPSON STREET |
5 Dec 2023 | £127,226 | £125,000 | 18 BURT AVENUE |
5 Dec 2023 | £127,226 | £125,000 | 32 BURT AVENUE |
17 Nov 2023 | £91,352 | £90,000 | 9 MILL CLOSE |
30 Jun 2023 | £91,104 | £90,000 | 9 HEATON TERRACE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 25 Jul 2016. Using an estimated price of £134,653 means this house is valued at £3,131 per sq meter (£290 per sq foot).
The average size of a house on MILL CLOSE is 89 sq meters (960 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Close |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mill Close |
Apr 2024 | Public order | Under investigation | On or near Mill Close |
Mar 2024 | Anti-social behaviour | On or near Mill Close | |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Close |