£180,693
This estimated value is based upon the latest sale price for the house of £103,000 on 10 Feb 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 |
---|---|
£103,000 | 10 Feb 2006 |
£69,000 | 16 May 2003 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 February 2006 the House Price Index for TYNE AND WEAR was 83.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 75.431%.Applying this 75.431% change to the original purchase price of £103,000 results in an estimated price of approximately £180,693.
10 Feb 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.6 | 146.7 | 75.431 % | £103,000 | £77,693 | £180,693 |
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 | -18.782 % | £-19,345 | £83,654 |
3 Month Average | -4.595 % | £-4,732 | £98,267 |
6 Month Average | 12.419 % | £12,791 | £115,791 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 18 Mar 2020.
There is one other house on the street which we know the size of, this is 10 WELLWAY it is 83.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Don Dixon Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Fellgate |
Dec 2023 | Anti-social behaviour | On or near Fellgate |