£181,524
This estimated value is based upon the latest sale price for the house of £157,000 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£157,000 | 16 Dec 2020 |
£100,000 | 18 Sep 2018 |
Semi-Detached |
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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £157,000 results in an estimated price of approximately £181,524.
16 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £157,000 | £24,524 | £181,524 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 2.584 % | £4,057 | £161,057 |
3 Month Average | 8.368 % | £13,137 | £170,137 |
6 Month Average | 6.846 % | £10,748 | £167,748 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2023 | £147,764 | £145,000 | 6 ROBSHEUGH PLACE |
6 Feb 2023 | £120,807 | £120,000 | 14 DISSINGTON PLACE |
29 Jul 2022 | £126,265 | £125,000 | 5 ROBSHEUGH PLACE |
1 Jul 2022 | £173,741 | £172,000 | 41 ROBSHEUGH PLACE |
30 Jun 2022 | £171,670 | £168,000 | 49 LANERCOST DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 6 Jul 2018. Using an estimated price of £181,525 means this house is valued at £2,016 per sq meter (£187 per sq foot).
The average size of a house on ROBSHEUGH PLACE is 82 sq meters (888 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Robsheugh Place | |
Sep 2024 | Anti-social behaviour | On or near Robsheugh Place | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Lanercost Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Lanercost Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Rothley Avenue |