£189,008
This estimated value is based upon the latest sale price for the house of £152,995 on 21 Mar 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£152,995 | 21 Mar 2019 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 March 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £152,995 results in an estimated price of approximately £189,008.
21 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £152,995 | £36,013 | £189,008 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | 20.278 % | £31,023 | £184,018 |
3 Month Average | -0.699 % | £-1,069 | £151,925 |
6 Month Average | 5.393 % | £8,251 | £161,246 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £156,368 | £155,000 | 10 HARVEY CLOSE |
31 Mar 2023 | £151,427 | £150,000 | 17 PLESSEY WALK |
20 Feb 2023 | £219,852 | £220,000 | 9 O'LEARY CLOSE |
12 Aug 2022 | £154,584 | £155,000 | 15 PALACE CLOSE |
11 Aug 2022 | £139,624 | £140,000 | 32 PLESSEY WALK |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 3 Jun 2019. Using an estimated price of £189,008 means this house is valued at £2,077 per sq meter (£192 per sq foot).
The average size of a house on PLESSEY WALK is 92 sq meters (997 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Garden Gate Drive | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Garden Gate Drive |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Garden Gate Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near New George Street |
Feb 2024 | Anti-social behaviour | On or near New George Street |