£95,316
This estimated value is based upon the latest sale price for the house of £78,000 on 2 Sep 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £78,000 | 2 Sep 2019 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £78,000 results in an estimated price of approximately £95,316.
| 2 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £78,000 | £17,316 | £95,316 |
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 | -48.444 % | £-37,786 | £40,213 |
| 3 Month Average | -6.023 % | £-4,697 | £73,302 |
| 6 Month Average | 15.597 % | £12,165 | £90,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £136,289 | £135,000 | 35 CRAIGMILLAR CLOSE |
| 2 Jun 2023 | £83,678 | £83,000 | 23 CRAIGMILLAR AVENUE |
| 10 Feb 2023 | £129,388 | £130,000 | 57 CRAIGMILLAR AVENUE |
| 14 Dec 2021 | £141,384 | £132,500 | 5 RENFREW GREEN |
| 19 Nov 2021 | £151,878 | £141,000 | 17 BROXBURN COURT |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 22 Aug 2019. Using an estimated price of £95,317 means this house is valued at £1,512 per sq meter (£140 per sq foot).
There is one other house on the street which we know the size of, this is 13 BROXBURN COURT it is 67.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Broxburn Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Broxburn Court |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broxburn Court |
| Mar 2024 | Other theft | Under investigation | On or near Broxburn Court |
| Feb 2024 | Anti-social behaviour | On or near Broxburn Court |