£174,217
This estimated value is based upon the latest sale price for the house of £140,000 on 4 Feb 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £140,000 | 4 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 682 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £140,000 results in an estimated price of approximately £174,217.
| 4 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £140,000 | £34,217 | £174,217 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | 3.798 % | £5,316 | £145,316 |
| 3 Month Average | 22.746 % | £31,844 | £171,844 |
| 6 Month Average | 12.027 % | £16,838 | £156,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £139,280 | £135,000 | 54 SEA WINNINGS WAY |
| 28 Apr 2023 | £118,211 | £116,000 | 132 BRASS THILL WAY |
| 31 Mar 2023 | £241,534 | £237,500 | 56 SEA WINNINGS WAY |
| 10 Jun 2022 | £138,971 | £136,000 | 48 SEA WINNINGS WAY |
| 1 Apr 2022 | £124,491 | £120,000 | 78 BRASS THILL WAY |
This house has a floor area of 63 sq meters or 682 sq feet when measured on 22 Feb 2010. Using an estimated price of £174,218 means this house is valued at £2,747 per sq meter (£255 per sq foot).
The average size of a house on BRASS THILL WAY is 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Brass Thill Way |