£68,045
This estimated value is based upon the latest sale price for the house of £66,500 on 20 Feb 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £66,500 | 20 Feb 2024 |
| £70,000 | 24 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2024 the House Price Index for TYNE AND WEAR was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £66,500 results in an estimated price of approximately £68,045.
| 20 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £66,500 | £1,545 | £68,045 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 9.271 % | £6,165 | £72,665 |
| 3 Month Average | 32.734 % | £21,767 | £88,267 |
| 6 Month Average | -6.797 % | £-4,519 | £61,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £83,000 | £83,000 | 170 HORSLEY ROAD |
| 29 Sep 2023 | £33,744 | £33,000 | 173 STOCKLEY ROAD |
| 27 Apr 2023 | £67,258 | £66,000 | 341 WASKERLEY ROAD |
| 22 Mar 2023 | £77,799 | £76,500 | 12 WASKERLEY ROAD |
| 21 Jul 2022 | £70,709 | £70,000 | 49 WASKERLEY ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 Jul 2021.
The average size of a house on HORSLEY ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Oct 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Oct 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |