£194,852
This estimated value is based upon the latest sale price for the house of £106,900 on 5 Feb 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Snowdon Gardens
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Price Paid | Date |
---|---|
£106,900 | 5 Feb 2009 |
£114,000 | 24 Oct 2008 |
£59,000 | 7 Mar 2003 |
£37,500 | 29 Oct 1999 |
£31,000 | 18 Dec 1996 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 2009 the House Price Index for TYNE AND WEAR was 80.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.275%.Applying this 82.275% change to the original purchase price of £106,900 results in an estimated price of approximately £194,852.
5 Feb 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 146.7 | 82.275 % | £106,900 | £87,952 | £194,852 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | 40.940 % | £43,764 | £150,664 |
3 Month Average | 30.300 % | £32,390 | £139,290 |
6 Month Average | 49.466 % | £52,879 | £159,779 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 7 Sep 2019.
The average size of a house on MALVERN GARDENS is 82 sq meters (889 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Snowdon Gardens | |
Feb 2024 | Anti-social behaviour | On or near Snowdon Gardens | |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Snowdon Gardens |