£202,447
This estimated value is based upon the latest sale price for the house of £132,500 on 22 Jul 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£132,500 | 22 Jul 2014 |
£136,500 | 22 Jun 2007 |
Terraced |
Leasehold |
Floor Area: 69 sq meters or 742 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 2014 the House Price Index for TYNE AND WEAR was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £132,500 results in an estimated price of approximately £202,447.
22 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £132,500 | £69,947 | £202,447 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -2.606 % | £-3,452 | £129,047 |
3 Month Average | 6.066 % | £8,036 | £140,536 |
6 Month Average | 16.950 % | £22,458 | £154,958 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £197,930 | £195,000 | 8 COLDSIDE GARDENS |
14 Aug 2023 | £145,271 | £144,000 | 143 HILLHEAD PARKWAY |
4 Aug 2023 | £191,626 | £189,950 | 89 HILLHEAD PARKWAY |
10 Mar 2023 | £191,807 | £190,000 | 19 CHUDLEIGH GARDENS |
4 Jul 2022 | £173,467 | £173,000 | 20 COLDSIDE GARDENS |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Jun 2013. Using an estimated price of £202,447 means this house is valued at £2,934 per sq meter (£272 per sq foot).
The average size of a house on HILLHEAD PARKWAY is 85 sq meters (918 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Chudleigh Gardens | |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chudleigh Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |