£132,927
This estimated value is based upon the latest sale price for the house of £103,500 on 7 Jul 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £103,500 | 7 Jul 2017 |
| £44,000 | 6 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £103,500 results in an estimated price of approximately £132,927.
| 7 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £103,500 | £29,427 | £132,927 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | -22.532 % | £-23,320 | £80,179 |
| 3 Month Average | 8.304 % | £8,594 | £112,094 |
| 6 Month Average | 20.531 % | £21,249 | £124,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £81,525 | £80,000 | 28 MITCHELL STREET |
| 31 Oct 2022 | £127,574 | £128,000 | 9 HAWTHORN TERRACE |
| 7 Oct 2022 | £214,284 | £215,000 | 81 HORSLEY AVENUE |
| 19 Sep 2022 | £103,681 | £103,750 | 2 IVY TERRACE |
| 29 Jul 2022 | £121,215 | £120,000 | 8 HAWTHORN TERRACE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 15 Mar 2013. Using an estimated price of £132,928 means this house is valued at £2,144 per sq meter (£199 per sq foot).
There is one other house on the street which we know the size of, this is 2 WEST BANK it is 69.7
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Rossdale | |
| May 2024 | Anti-social behaviour | On or near Rossdale | |
| May 2024 | Anti-social behaviour | On or near Rossdale | |
| May 2024 | Anti-social behaviour | On or near Rossdale | |
| May 2024 | Anti-social behaviour | On or near Rossdale |