£338,569
This estimated value is based upon the latest sale price for the house of £260,000 on 6 Apr 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£260,000 | 6 Apr 2017 |
£246,500 | 12 Nov 2015 |
£195,000 | 18 Jul 2008 |
Semi-Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 April 2017 the House Price Index for TYNE AND WEAR was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £260,000 results in an estimated price of approximately £338,569.
6 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £260,000 | £78,569 | £338,569 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 8.849 % | £23,007 | £283,007 |
3 Month Average | 23.740 % | £61,724 | £321,724 |
6 Month Average | 28.833 % | £74,965 | £334,965 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £272,365 | £270,000 | 77 WOODBURN DRIVE |
5 Apr 2024 | £464,463 | £460,430 | 22 ST LUCIA CLOSE |
26 Mar 2024 | £304,681 | £300,000 | 8 CAROLYN WAY |
24 Nov 2023 | £395,027 | £385,000 | 43 WOODBURN DRIVE |
30 Jun 2023 | £405,629 | £397,500 | 10 CAROLYN WAY |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 17 Sep 2015. Using an estimated price of £338,570 means this house is valued at £3,050 per sq meter (£283 per sq foot).
The average size of a house on CAROLYN WAY is 96 sq meters (1,041 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Nevis Way | |
Jun 2024 | Anti-social behaviour | On or near Nevis Way | |
Apr 2024 | Anti-social behaviour | On or near Nevis Way | |
Apr 2024 | Anti-social behaviour | On or near Nevis Way | |
Apr 2024 | Anti-social behaviour | On or near Nevis Way |