£797,511
This estimated value is based upon the latest sale price for the house of £465,000 on 29 Jan 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£465,000 | 29 Jan 2010 |
Detached |
Freehold |
Floor Area: 131 sq meters or 1,410 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 January 2010 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £465,000 results in an estimated price of approximately £797,511.
29 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.508 % | £465,000 | £332,511 | £797,511 |
The Postcode Pricing Model uses changes in average sales price within the NE13 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 | 147.237 % | £684,653 | £1,149,653 |
3 Month Average | 43.441 % | £201,999 | £666,999 |
6 Month Average | 29.410 % | £136,757 | £601,757 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £406,011 | £400,000 | 23 SHORESWOOD WAY |
8 Nov 2023 | £385,710 | £380,000 | 29 SHORESWOOD WAY |
17 Jun 2022 | £417,906 | £412,000 | 11 HEPBURN AVENUE |
4 Mar 2022 | £339,894 | £328,000 | 14 MURTON STREET |
28 Sep 2021 | £436,425 | £405,000 | 31 HEPBURN AVENUE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 13 Mar 2009. Using an estimated price of £797,512 means this house is valued at £6,086 per sq meter (£565 per sq foot).
The average size of a house on ROSEBROUGH ROAD is 267 sq meters (2,875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Under investigation | On or near Shoreswood Way |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Shoreswood Way |
Mar 2024 | Anti-social behaviour | On or near Murton Street | |
Mar 2024 | Anti-social behaviour | On or near Murton Street | |
Feb 2024 | Anti-social behaviour | On or near Murton Street |