£152,437
This estimated value is based upon the latest sale price for the house of £89,500 on 8 Sep 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £89,500 | 8 Sep 2006 |
| £85,000 | 13 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 794 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 September 2006 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £89,500 results in an estimated price of approximately £152,437.
| 8 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £89,500 | £62,937 | £152,437 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 18.702 % | £16,738 | £106,238 |
| 3 Month Average | 13.945 % | £12,480 | £101,980 |
| 6 Month Average | 22.323 % | £19,978 | £109,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £119,773 | £118,000 | 36 PICKERING GREEN |
| 18 Aug 2023 | £116,015 | £115,000 | 21 TOPCLIFFE GREEN |
| 10 Mar 2023 | £100,951 | £100,000 | 48 MALTON GREEN |
| 7 Nov 2022 | £202,547 | £205,000 | 17 IVANHOE VIEW |
| 29 Apr 2022 | £79,295 | £77,000 | 27 WHARFEDALE GREEN |
This house has a floor area of 73 sq meters or 794 sq feet when measured on 22 Jun 2009. Using an estimated price of £152,437 means this house is valued at £2,065 per sq meter (£191 per sq foot).
The average size of a house on TOPCLIFFE GREEN is 95 sq meters (1,026 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (794 sq feet).