£170,165
This estimated value is based upon the latest sale price for the house of £158,600 on 21 Jun 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£158,600 | 21 Jun 2021 |
£159,000 | 27 Feb 2004 |
£114,500 | 5 Jul 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 June 2021 the House Price Index for TYNE AND WEAR was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £158,600 results in an estimated price of approximately £170,165.
21 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £158,600 | £11,565 | £170,165 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 119.551 % | £189,607 | £348,207 |
3 Month Average | 29.389 % | £46,611 | £205,211 |
6 Month Average | -2.421 % | £-3,839 | £154,760 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £161,522 | £160,000 | APARTMENT 21 PRINTWORKS RUTHERFORD STREET |
1 Feb 2023 | £114,673 | £114,750 | APARTMENT 4 PRINTWORKS RUTHERFORD STREET |
4 Jan 2023 | £149,297 | £150,000 | APARTMENT 5 REHEARSAL ROOMS, 115 - 119 WESTGATE ROAD |
18 May 2022 | £165,111 | £162,000 | APARTMENT 18 PRINTWORKS RUTHERFORD STREET |
28 Jan 2022 | £334,666 | £318,000 | APARTMENT 32 PRINTWORKS RUTHERFORD STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Jul 2019. Using an estimated price of £170,166 means this house is valued at £2,502 per sq meter (£232 per sq foot).
The average size of a house on BATH LANE is 74 sq meters (801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bath Lane |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bath Lane |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bath Lane |
Mar 2024 | Anti-social behaviour | On or near Bath Lane | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Bath Lane |