£170,826
This estimated value is based upon the latest sale price for the house of £139,250 on 10 Dec 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 |
---|---|
£139,250 | 10 Dec 2019 |
£116,000 | 30 Mar 2012 |
£51,000 | 22 Jun 2001 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 888 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 December 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £139,250 results in an estimated price of approximately £170,826.
10 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £139,250 | £31,576 | £170,826 |
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 | -21.973 % | £-30,596 | £108,653 |
3 Month Average | -1.259 % | £-1,753 | £137,496 |
6 Month Average | 11.812 % | £16,448 | £155,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £142,244 | £141,000 | 33 NAWORTH DRIVE |
25 Aug 2023 | £268,348 | £266,000 | 22 CHAPEL GRANGE |
28 Jul 2022 | £175,723 | £175,250 | 15 HORWOOD AVENUE |
20 Jul 2022 | £95,256 | £95,000 | 36 NAWORTH DRIVE |
25 Nov 2021 | £176,828 | £163,500 | 88 DOWNEND ROAD |
This house has a floor area of 82 sq meters or 888 sq feet when measured on 22 Nov 2011. Using an estimated price of £170,827 means this house is valued at £2,070 per sq meter (£192 per sq foot).
The average size of a house on NAWORTH DRIVE is 92 sq meters (992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Marsham Road | |
Feb 2024 | Anti-social behaviour | On or near Marsham Road | |
Jan 2024 | Anti-social behaviour | On or near Marsham Road | |
Jan 2024 | Anti-social behaviour | On or near Marsham Road | |
Jan 2024 | Anti-social behaviour | On or near Marsham Road |