£114,592
This estimated value is based upon the latest sale price for the house of £75,000 on 16 Jul 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£75,000 | 16 Jul 2014 |
£83,500 | 29 Sep 2010 |
£57,000 | 6 Jun 2003 |
£35,000 | 1 Feb 1995 |
Terraced |
Freehold |
Floor Area: 45 sq meters or 484 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 July 2014 the House Price Index for TYNE AND WEAR was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £75,000 results in an estimated price of approximately £114,592.
16 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £75,000 | £39,592 | £114,592 |
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 | -42.428 % | £-31,820 | £43,179 |
3 Month Average | -18.723 % | £-14,042 | £60,957 |
6 Month Average | -3.066 % | £-2,299 | £72,700 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £64,000 | £64,000 | 6 MANOR VIEW EAST |
19 Jul 2023 | £68,928 | £68,000 | 22 HELMDON |
21 Mar 2023 | £80,761 | £80,000 | 41 BANBURY |
28 Mar 2022 | £113,989 | £110,000 | 73 HELMDON |
7 Jan 2022 | £94,717 | £90,000 | 7 MANOR VIEW EAST |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 27 May 2014. Using an estimated price of £114,593 means this house is valued at £2,546 per sq meter (£236 per sq foot).
The average size of a house on HELMDON is 66 sq meters (715 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Helmdon |
Jan 2024 | Anti-social behaviour | On or near Helmdon | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Helmdon |
Jan 2024 | Anti-social behaviour | On or near Helmdon | |
Jan 2024 | Anti-social behaviour | On or near Helmdon |