£210,679
This estimated value is based upon the latest sale price for the house of £165,000 on 14 Sep 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£165,000 | 14 Sep 2017 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 September 2017 the House Price Index for TYNE AND WEAR was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £165,000 results in an estimated price of approximately £210,679.
14 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £165,000 | £45,679 | £210,679 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 46.597 % | £76,885 | £241,885 |
3 Month Average | 36.902 % | £60,888 | £225,888 |
6 Month Average | 33.513 % | £55,296 | £220,296 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £279,427 | £277,000 | 16 LANGDALE |
22 Mar 2024 | £446,866 | £440,000 | 26 HARTLEY AVENUE |
14 Dec 2023 | £549,897 | £533,000 | 48 HARTLEY AVENUE |
15 Sep 2023 | £587,961 | £575,000 | 61 HARTLEY AVENUE |
27 Apr 2023 | £254,765 | £250,000 | 6 RELTON TERRACE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 2 Mar 2017. Using an estimated price of £210,680 means this house is valued at £3,291 per sq meter (£305 per sq foot).
The average size of a house on LANGDALE is 76 sq meters (826 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Dene |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Dene |
Oct 2024 | Anti-social behaviour | On or near Hartley Avenue | |
Oct 2024 | Anti-social behaviour | On or near Hartley Avenue | |
Aug 2024 | Vehicle crime | Under investigation | On or near Hartley Avenue |