£101,698
This estimated value is based upon the latest sale price for the house of £48,000 on 12 Feb 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £48,000 | 12 Feb 2004 |
| Semi-Detached |
| Leasehold |
| Floor Area: 51 sq meters or 554 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 February 2004 the House Price Index for TYNE AND WEAR was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £48,000 results in an estimated price of approximately £101,698.
| 12 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £48,000 | £53,698 | £101,698 |
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 | 91.415 % | £43,879 | £91,879 |
| 3 Month Average | 66.187 % | £31,769 | £79,769 |
| 6 Month Average | 78.728 % | £37,789 | £85,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £126,625 | £124,750 | 96 SAVORY ROAD |
| 4 Aug 2023 | £110,971 | £110,000 | 5 OCTAVIA COURT |
| 31 Mar 2023 | £65,618 | £65,000 | 5 STANWIX ENGINE INN ROAD |
| 27 Jan 2023 | £63,700 | £64,000 | 4 STANWIX ENGINE INN ROAD |
| 4 Oct 2022 | £49,665 | £50,200 | 2 CARVORAN RYTON GARDENS |
This house has a floor area of 51 sq meters or 554 sq feet when measured on 6 Nov 2008. Using an estimated price of £101,698 means this house is valued at £1,972 per sq meter (£183 per sq foot).
The average size of a house on ENGINE INN ROAD is 77 sq meters (838 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (554 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Engine Inn Road | |
| Mar 2024 | Anti-social behaviour | On or near Engine Inn Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Engine Inn Road |
| Feb 2024 | Anti-social behaviour | On or near Octavia Court | |
| Feb 2024 | Anti-social behaviour | On or near Octavia Court |