£320,531
This estimated value is based upon the latest sale price for the house of £240,000 on 13 Jun 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£240,000 | 13 Jun 2016 |
£233,995 | 30 May 2008 |
£81,000 | 28 Feb 1997 |
Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 June 2016 the House Price Index for TYNE AND WEAR was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £240,000 results in an estimated price of approximately £320,531.
13 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £240,000 | £80,531 | £320,531 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 88.315 % | £211,957 | £451,957 |
3 Month Average | -11.262 % | £-27,029 | £212,970 |
6 Month Average | -0.120 % | £-288 | £239,711 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £162,849 | £160,000 | 44 MARINA VIEW |
24 Nov 2023 | £147,179 | £145,000 | 46 MARINA VIEW |
30 Jun 2023 | £182,207 | £180,000 | 63 MARINA VIEW |
30 Jun 2023 | £384,659 | £380,000 | 27 WHITES GARDENS |
28 Nov 2022 | £335,931 | £340,000 | 94 MARINA VIEW |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 2 Sep 2015. Using an estimated price of £320,532 means this house is valued at £3,642 per sq meter (£338 per sq foot).
The average size of a house on WHITES GARDENS is 129 sq meters (1,392 sq feet).
This house is the smallest in the street with a floor area of 88 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Thomas Drive | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Thomas Drive |
Apr 2024 | Anti-social behaviour | On or near Thomas Drive | |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Thomas Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thomas Drive |