£4,068
This estimated value is based upon the latest sale price for the house of £3,650 on 12 Apr 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£3,650 | 12 Apr 2021 |
£145,000 | 31 Jul 2019 |
£142,000 | 9 Jun 2006 |
£53,500 | 14 Feb 1997 |
Freehold |
Floor Area: 84 sq meters or 904 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 2021 the House Price Index for TYNE AND WEAR was 131.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 11.474%.Applying this 11.474% change to the original purchase price of £3,650 results in an estimated price of approximately £4,068.
12 Apr 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 146.7 | 11.474 % | £3,650 | £418 | £4,068 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -22.292 % | £-813 | £2,836 |
3 Month Average | 22.161 % | £808 | £4,458 |
6 Month Average | 5.951 % | £217 | £3,867 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 2 Jan 2019.
The average size of a house on GLOUCESTER WAY is 69 sq meters (752 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hereford Way |
Dec 2023 | Other theft | Under investigation | On or near Hereford Way |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Don Dixon Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Harbottle Crescent |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wark Crescent |