£142,275
This estimated value is based upon the latest sale price for the house of £86,000 on 31 Jan 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£86,000 | 31 Jan 2007 |
£26,500 | 30 Jul 1999 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 January 2007 the House Price Index for TYNE AND WEAR was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £86,000 results in an estimated price of approximately £142,275.
31 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.5 | 149.7 | 65.436 % | £86,000 | £56,275 | £142,275 |
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 | 8.966 % | £7,711 | £93,711 |
3 Month Average | 12.955 % | £11,141 | £97,141 |
6 Month Average | 16.833 % | £14,476 | £100,476 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £173,326 | £168,000 | 17 WYTHBURN PLACE |
3 Nov 2023 | £153,907 | £150,000 | 1 WYTHBURN PLACE |
13 Oct 2023 | £160,649 | £157,000 | 5 PENRITH GARDENS |
29 Sep 2023 | £117,592 | £115,000 | 8 DUDDON PLACE |
2 Feb 2023 | £169,633 | £168,500 | 12 BOWNESS PLACE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 2 Mar 2017. Using an estimated price of £142,275 means this house is valued at £1,948 per sq meter (£181 per sq foot).
The average size of a house on SEASCALE PLACE is 101 sq meters (1,091 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Seascale Place |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Seascale Place |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seascale Place |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Seascale Place |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seascale Place |