£147,810
This estimated value is based upon the latest sale price for the house of £119,950 on 30 Nov 2018. 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 |
|---|---|
| £119,950 | 30 Nov 2018 |
| £111,000 | 17 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 801 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 November 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £119,950 results in an estimated price of approximately £147,810.
| 30 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £119,950 | £27,860 | £147,810 |
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 | -23.766 % | £-28,507 | £91,442 |
| 3 Month Average | -18.847 % | £-22,607 | £97,342 |
| 6 Month Average | -12.396 % | £-14,869 | £105,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £126,208 | £124,000 | 33 SADDLEBACK |
| 1 Dec 2023 | £106,870 | £105,000 | 70 SADDLEBACK |
| 3 Jul 2023 | £111,501 | £110,000 | 66 BURNWAY |
| 16 Jun 2023 | £131,088 | £129,500 | FLAT 17 WEARDALE HOUSE WASHINGTON CENTRE |
| 24 Mar 2023 | £121,136 | £119,995 | 36 ENNERDALE |
This house has a floor area of 74 sq meters or 801 sq feet when measured on 15 Jul 2009. Using an estimated price of £147,810 means this house is valued at £1,985 per sq meter (£184 per sq foot).
The average size of a house on ENNERDALE is 91 sq meters (981 sq feet).