£164,889
This estimated value is based upon the latest sale price for the house of £165,000 on 26 Sep 2022. 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 |
|---|---|
| £165,000 | 26 Sep 2022 |
| £165,000 | 30 Jun 2022 |
| £135,000 | 12 Aug 2016 |
| £119,000 | 4 Mar 2011 |
| £44,000 | 27 Mar 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 76 sq meters or 819 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 2022 the House Price Index for TYNE AND WEAR was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £165,000 results in an estimated price of approximately £164,889.
| 26 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £165,000 | £-110 | £164,889 |
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 | 46.141 % | £76,132 | £241,132 |
| 3 Month Average | 16.654 % | £27,478 | £192,478 |
| 6 Month Average | 19.802 % | £32,673 | £197,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £98,000 | £98,000 | 109 HORSLEY VALE |
| 21 Jun 2024 | £165,000 | £165,000 | 119 MARSDEN ROAD |
| 2 May 2024 | £150,000 | £150,000 | 55 HORSLEY VALE |
| 28 Mar 2024 | £189,918 | £187,000 | 48 HORSLEY VALE |
| 8 Dec 2023 | £201,182 | £195,000 | 60 HORSLEY VALE |
This house has a floor area of 76 sq meters or 819 sq feet when measured on 25 Jun 2010. Using an estimated price of £164,890 means this house is valued at £2,164 per sq meter (£201 per sq foot).
The average size of a house on WESTHOPE ROAD is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wells Grove |
| Sep 2024 | Anti-social behaviour | On or near Wells Grove | |
| Sep 2024 | Anti-social behaviour | On or near Wells Grove | |
| Sep 2024 | Anti-social behaviour | On or near Wells Grove | |
| Sep 2024 | Anti-social behaviour | On or near Wells Grove |