£154,418
This estimated value is based upon the latest sale price for the house of £124,950 on 9 Dec 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 |
|---|---|
| £124,950 | 9 Dec 2019 |
| £50,000 | 22 May 2008 |
| £66,500 | 29 Mar 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 December 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £124,950 results in an estimated price of approximately £154,418.
| 9 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £124,950 | £29,468 | £154,418 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 64.669 % | £80,804 | £205,754 |
| 3 Month Average | 22.019 % | £27,512 | £152,462 |
| 6 Month Average | 8.975 % | £11,214 | £136,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £84,000 | £84,000 | 27 DOVECREST COURT |
| 8 Dec 2023 | £165,072 | £160,000 | 42A MCNAMARA ROAD |
| 24 Nov 2023 | £184,688 | £180,000 | 24 MCNAMARA ROAD |
| 17 Nov 2023 | £127,999 | £124,750 | 96 SAVORY ROAD |
| 28 Apr 2022 | £129,678 | £125,000 | 28 DOVECREST COURT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 14 Oct 2019. Using an estimated price of £154,419 means this house is valued at £1,838 per sq meter (£170 per sq foot).
The average size of a house on WEST FARM ROAD is 115 sq meters (1,242 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near West Farm Road |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near The Bungalows |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Savory Road |
| Jun 2024 | Anti-social behaviour | On or near Threap Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Threap Gardens |