£267,111
This estimated value is based upon the latest sale price for the house of £169,000 on 1 Aug 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £169,000 | 1 Aug 2007 |
| £67,000 | 18 Dec 2001 |
| £51,000 | 18 Mar 1996 |
| Semi-Detached |
| 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 2007 the House Price Index for TYNE AND WEAR was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £169,000 results in an estimated price of approximately £267,111.
| 1 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £169,000 | £98,111 | £267,111 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -19.832 % | £-33,516 | £135,483 |
| 3 Month Average | 23.236 % | £39,269 | £208,269 |
| 6 Month Average | 31.168 % | £52,673 | £221,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £121,500 | £121,500 | 4 BARNSTAPLE ROAD |
| 28 Mar 2024 | £108,670 | £107,000 | 17 TIVERTON AVENUE |
| 15 Dec 2023 | £165,072 | £160,000 | 92 TIVERTON AVENUE |
| 1 Dec 2023 | £179,516 | £174,000 | 52 BARNSTAPLE ROAD |
| 27 Apr 2023 | £264,956 | £260,000 | 3 COLDSTREAM WAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 6 Oct 2017. Using an estimated price of £267,112 means this house is valued at £3,468 per sq meter (£322 per sq foot).
The average size of a house on RAKE LANE is 108 sq meters (1,168 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Barnstaple Road | |
| Jun 2024 | Anti-social behaviour | On or near Barnstaple Road | |
| Apr 2024 | Anti-social behaviour | On or near Barnstaple Road | |
| Apr 2024 | Anti-social behaviour | On or near Barnstaple Road | |
| Apr 2024 | Anti-social behaviour | On or near Barnstaple Road |