£79,140
This estimated value is based upon the latest sale price for the house of £64,120 on 25 Jul 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£64,120 | 25 Jul 2018 |
£64,000 | 17 Mar 2015 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 872 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 July 2018 the House Price Index for TYNE AND WEAR was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £64,120 results in an estimated price of approximately £79,140.
25 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 148.0 | 23.425 % | £64,120 | £15,020 | £79,140 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 3.363 % | £2,156 | £66,276 |
3 Month Average | 8.152 % | £5,226 | £69,346 |
6 Month Average | 21.484 % | £13,775 | £77,895 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £122,500 | £122,500 | 15 RANSON CRESCENT |
8 Mar 2024 | £170,576 | £170,000 | 35 BAINBRIDGE AVENUE |
23 Jun 2023 | £115,940 | £115,000 | 104 SIMONSIDE HALL |
6 Mar 2023 | £117,636 | £117,000 | 59 BAINBRIDGE AVENUE |
31 Jan 2023 | £892,163 | £900,000 | 136 WENLOCK ROAD |
This house has a floor area of 81 sq meters or 872 sq feet when measured on 11 Aug 2011. Using an estimated price of £79,140 means this house is valued at £976 per sq meter (£90 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Offender given a caution | On or near Ranson Crescent |
Apr 2024 | Possession of weapons | Under investigation | On or near Simonside Hall |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Simonside Hall |
Apr 2024 | Robbery | Under investigation | On or near Simonside Hall |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Edhill Avenue |