£120,443
This estimated value is based upon the latest sale price for the house of £100,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£100,000 | 27 Mar 2020 |
£38,500 | 24 Jan 2003 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 March 2020 the House Price Index for TYNE AND WEAR was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £100,000 results in an estimated price of approximately £120,443.
27 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £100,000 | £20,443 | £120,443 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -6.157 % | £-6,156 | £93,843 |
3 Month Average | -12.241 % | £-12,240 | £87,759 |
6 Month Average | 5.903 % | £5,902 | £105,902 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £138,956 | £137,740 | 30 GOODWOOD |
7 Jul 2023 | £151,996 | £149,950 | 207 GARTH TWENTYFOUR |
5 Jul 2023 | £263,547 | £260,000 | 3 ULLSWATER DRIVE |
31 Mar 2023 | £80,761 | £80,000 | 191 GARTH TWENTYFOUR |
28 Mar 2023 | £129,217 | £128,000 | 157 GARTH TWENTYFOUR |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Apr 2019. Using an estimated price of £120,444 means this house is valued at £1,524 per sq meter (£141 per sq foot).
The average size of a house on GARTH TWENTYSEVEN is 89 sq meters (964 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Garth Twenty Seven |
Feb 2024 | Anti-social behaviour | On or near Goodwood | |
Feb 2024 | Anti-social behaviour | On or near Goodwood |