£77,544
This estimated value is based upon the latest sale price for the house of £13,500 on 4 Aug 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£13,500 | 4 Aug 1995 |
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 August 1995 the House Price Index for TYNE AND WEAR was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.405%.Applying this 474.405% change to the original purchase price of £13,500 results in an estimated price of approximately £77,544.
4 Aug 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.1 | 149.7 | 474.405 % | £13,500 | £64,044 | £77,544 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 363.910 % | £49,127 | £62,627 |
3 Month Average | 324.662 % | £43,829 | £57,329 |
6 Month Average | 303.138 % | £40,923 | £54,423 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £90,000 | £90,000 | 8 BRACKEN PLACE |
11 Jun 2024 | £95,000 | £95,000 | 21 GREYWOOD AVENUE |
28 Nov 2023 | £87,214 | £85,000 | 90 CEDAR ROAD |
19 Jan 2023 | £175,469 | £175,000 | 85 CEDAR ROAD |
18 Jan 2023 | £60,161 | £60,000 | 16 BAXTER AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 24 May 2018. Using an estimated price of £77,545 means this house is valued at £1,007 per sq meter (£93 per sq foot).
The average size of a house on HADRIAN ROAD is 104 sq meters (1,126 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Awaiting court outcome | On or near Palm Avenue |
Jul 2024 | Other theft | Under investigation | On or near Linden Avenue |
May 2024 | Violence and sexual offences | Under investigation | On or near Iris Place |
Jun 2024 | Anti-social behaviour | On or near Lotus Place | |
Jun 2024 | Anti-social behaviour | On or near Lotus Place |