£188,900
This estimated value is based upon the latest sale price for the house of £121,500 on 26 Oct 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£121,500 | 26 Oct 2007 |
£92,500 | 14 Oct 2002 |
£31,500 | 20 Jul 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 413 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 October 2007 the House Price Index for TYNE AND WEAR was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £121,500 results in an estimated price of approximately £188,900.
26 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £121,500 | £67,400 | £188,900 |
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 | 171.998 % | £208,978 | £330,478 |
3 Month Average | 23.832 % | £28,955 | £150,455 |
6 Month Average | 24.898 % | £30,250 | £151,750 |
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 |
18 May 2022 | £165,111 | £162,000 | APARTMENT 18 PRINTWORKS RUTHERFORD STREET |
28 Jan 2022 | £334,666 | £318,000 | APARTMENT 32 PRINTWORKS RUTHERFORD STREET |
30 Nov 2021 | £457,015 | £422,570 | FLAT 33 BLENHEIM HOUSE, 145 - 147 WESTGATE ROAD |
This house has a floor area of 38 sq meters or 413 sq feet when measured on 18 Oct 2008. Using an estimated price of £188,900 means this house is valued at £4,919 per sq meter (£457 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 | Investigation complete; no suspect identified | On or near Bath Lane |
Mar 2024 | Anti-social behaviour | On or near Bath Lane | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bath Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bath Lane |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Bath Lane |