£152,671
This estimated value is based upon the latest sale price for the house of £125,000 on 4 Oct 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 |
---|---|
£125,000 | 4 Oct 2019 |
£54,500 | 16 Mar 2001 |
Semi-Detached |
Leasehold |
Floor Area: 93 sq meters or 1,001 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 October 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £125,000 results in an estimated price of approximately £152,671.
4 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.0 | 22.137 % | £125,000 | £27,671 | £152,671 |
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 | -29.555 % | £-36,943 | £88,056 |
3 Month Average | -3.907 % | £-4,883 | £120,116 |
6 Month Average | 16.367 % | £20,458 | £145,458 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £125,424 | £125,000 | 83 TREVELYAN DRIVE |
6 Dec 2023 | £112,121 | £110,000 | 1 SHIRLAW CLOSE |
7 Nov 2023 | £116,496 | £115,000 | 46 WHITTINGHAM ROAD |
21 Jul 2023 | £121,146 | £120,000 | 64 TREVELYAN DRIVE |
28 Oct 2022 | £157,656 | £160,000 | 25 SHIRLAW CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 28 Sep 2013. Using an estimated price of £152,671 means this house is valued at £1,641 per sq meter (£152 per sq foot).
The average size of a house on SHIRLAW CLOSE is 79 sq meters (856 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Shirlaw Close | |
Feb 2024 | Anti-social behaviour | On or near Shirlaw Close | |
Feb 2024 | Anti-social behaviour | On or near Shirlaw Close | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Shirlaw Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bardon Close |