£93,589
This estimated value is based upon the latest sale price for the house of £90,000 on 8 Dec 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£90,000 | 8 Dec 2022 |
Freehold |
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 December 2022 the House Price Index for TYNE AND WEAR was 100.3.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 3.988%.Applying this 3.988% change to the original purchase price of £90,000 results in an estimated price of approximately £93,589.
8 Dec 2022 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.3 | 104.3 | 3.988 % | £90,000 | £3,589 | £93,589 |
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 | 1.982 % | £1,783 | £91,783 |
3 Month Average | 27.509 % | £24,758 | £114,758 |
6 Month Average | -10.412 % | £-9,370 | £80,629 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Feb 2025 | £67,536 | £66,500 | 151 FARNDALE ROAD |
24 Jan 2025 | £12,319 | £12,000 | 83A ELLESMERE ROAD |
23 Aug 2024 | £76,676 | £73,000 | 131 ELLESMERE ROAD |
1 Mar 2024 | £170,809 | £160,000 | 81 ELLESMERE ROAD |
21 Dec 2023 | £83,247 | £77,500 | 28 ELLESMERE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2025 | Other crime | Investigation complete; no suspect identified | On or near Farndale Road |
Feb 2025 | Drugs | Under investigation | On or near Farndale Road |
Feb 2025 | Anti-social behaviour | On or near Farndale Road | |
Feb 2025 | Anti-social behaviour | On or near Farndale Road | |
Feb 2025 | Anti-social behaviour | On or near Farndale Road |