£136,841
This estimated value is based upon the latest sale price for the house of £135,000 on 4 Jul 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£135,000 | 4 Jul 2023 |
£110,000 | 8 Sep 2017 |
£85,000 | 19 Oct 2012 |
Freehold |
Floor Area: 76 sq meters or 818 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 July 2023 the House Price Index for TYNE AND WEAR was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £135,000 results in an estimated price of approximately £136,841.
4 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.6 | 1.364 % | £135,000 | £1,841 | £136,841 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -11.120 % | £-15,012 | £119,987 |
3 Month Average | -1.301 % | £-1,756 | £133,243 |
6 Month Average | 8.074 % | £10,900 | £145,900 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £73,589 | £72,500 | 42 TENNYSON TERRACE |
10 Nov 2023 | £91,352 | £90,000 | 2A BREWERY BOND DUKE STREET |
4 Jul 2023 | £136,842 | £135,000 | 9 TENNYSON TERRACE |
3 Mar 2023 | £167,579 | £166,000 | 48 TENNYSON TERRACE |
23 Nov 2022 | £421,890 | £427,000 | 24 BREWERY BOND DUKE STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 14 May 2012. Using an estimated price of £136,842 means this house is valued at £1,800 per sq meter (£167 per sq foot).
The average size of a house on TENNYSON TERRACE is 85 sq meters (921 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Tennyson Terrace |