£81,599
This estimated value is based upon the latest sale price for the house of £54,950 on 26 Mar 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£54,950 | 26 Mar 2015 |
£75,000 | 17 Jul 2006 |
£26,000 | 17 Mar 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 2015 the House Price Index for TYNE AND WEAR was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £54,950 results in an estimated price of approximately £81,599.
26 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £54,950 | £26,649 | £81,599 |
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 | 66.456 % | £36,517 | £91,467 |
3 Month Average | 29.408 % | £16,159 | £71,109 |
6 Month Average | 8.888 % | £4,883 | £59,833 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £64,491 | £63,500 | 61 DENEHOLM |
27 Mar 2024 | £87,342 | £86,000 | 56 DENEHOLM |
22 Mar 2024 | £86,326 | £85,000 | 50 DENEHOLM |
6 Oct 2023 | £74,697 | £73,000 | 34 VALLEY GARDENS |
1 Sep 2023 | £81,803 | £80,000 | 73 DENEHOLM |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 20 Jan 2015. Using an estimated price of £81,600 means this house is valued at £1,854 per sq meter (£172 per sq foot).
The average size of a house on DENEHOLM is 65 sq meters (701 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Lindisfarne Place | |
Jun 2024 | Anti-social behaviour | On or near Lindisfarne Place | |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lindisfarne Place |