£117,769
This estimated value is based upon the latest sale price for the house of £95,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£95,000 | 2 Aug 2019 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 August 2019 the House Price Index for TYNE AND WEAR was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £95,000 results in an estimated price of approximately £117,769.
2 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £95,000 | £22,769 | £117,769 |
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 | -3.461 % | £-3,288 | £91,711 |
3 Month Average | 0.540 % | £513 | £95,513 |
6 Month Average | -0.196 % | £-186 | £94,813 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £117,592 | £115,000 | 6 CROSBY GARDENS |
9 Aug 2023 | £171,086 | £168,000 | 27 SCOTBY GARDENS |
27 Apr 2023 | £50,953 | £50,000 | 15 SCOTBY GARDENS |
10 Feb 2023 | £151,009 | £150,000 | 9 EASEDALE GARDENS |
27 Jan 2023 | £126,338 | £126,000 | 7 THURSBY GARDENS |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Jul 2014. Using an estimated price of £117,769 means this house is valued at £1,570 per sq meter (£145 per sq foot).
The average size of a house on SCOTBY GARDENS is 96 sq meters (1,036 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Borrowdale Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Borrowdale Gardens |
Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Borrowdale Gardens |
Jun 2024 | Public order | Under investigation | On or near Borrowdale Gardens |
Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Borrowdale Gardens |