£228,107
This estimated value is based upon the latest sale price for the house of £164,995 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£164,995 | 29 Jan 2016 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2016 the House Price Index for TYNE AND WEAR was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £164,995 results in an estimated price of approximately £228,107.
29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £164,995 | £63,112 | £228,107 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 62.191 % | £102,612 | £267,607 |
3 Month Average | 54.260 % | £89,526 | £254,521 |
6 Month Average | 24.771 % | £40,871 | £205,866 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £375,000 | £375,000 | 293 KING GEORGE ROAD |
27 May 2022 | £193,029 | £188,000 | 30 ROWAN DRIVE |
18 May 2022 | £200,216 | £195,000 | 53 ROWAN DRIVE |
14 Apr 2022 | £199,704 | £192,500 | 31 CHERRY TREE WALK |
11 Mar 2022 | £203,567 | £195,000 | 12 ROWAN DRIVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 9 May 2017. Using an estimated price of £228,108 means this house is valued at £2,401 per sq meter (£223 per sq foot).
The average size of a house on RYEDALE WAY is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rowan Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rowan Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rowan Drive |
May 2024 | Public order | Under investigation | On or near Rowan Drive |
May 2024 | Violence and sexual offences | Under investigation | On or near Rowan Drive |