£198,139
This estimated value is based upon the latest sale price for the house of £124,950 on 16 Apr 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Snowdon Gardens
More crime details
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Price Paid | Date |
---|---|
£124,950 | 16 Apr 2007 |
£67,000 | 21 Mar 2003 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 April 2007 the House Price Index for TYNE AND WEAR was 92.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.575%.Applying this 58.575% change to the original purchase price of £124,950 results in an estimated price of approximately £198,139.
16 Apr 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 146.7 | 58.575 % | £124,950 | £73,189 | £198,139 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | 28.528 % | £35,646 | £160,596 |
3 Month Average | 23.536 % | £29,408 | £154,358 |
6 Month Average | 47.189 % | £58,962 | £183,912 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 15 Feb 2015.
The average size of a house on MALVERN GARDENS is 82 sq meters (889 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Snowdon Gardens | |
Feb 2024 | Anti-social behaviour | On or near Snowdon Gardens | |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Snowdon Gardens |