£158,362
This estimated value is based upon the latest sale price for the house of £85,000 on 1 May 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 1 May 2009 |
| £30,000 | 24 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2009 the House Price Index for TYNE AND WEAR was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £85,000 results in an estimated price of approximately £158,362.
| 1 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £85,000 | £73,362 | £158,362 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 21.534 % | £18,303 | £103,303 |
| 3 Month Average | 32.452 % | £27,583 | £112,583 |
| 6 Month Average | 25.761 % | £21,897 | £106,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £83,000 | £83,000 | 170 HORSLEY ROAD |
| 22 Mar 2024 | £101,510 | £99,950 | 214 HORSLEY ROAD |
| 27 Apr 2023 | £83,563 | £82,000 | 331 WASKERLEY ROAD |
| 27 Apr 2023 | £67,258 | £66,000 | 341 WASKERLEY ROAD |
| 22 Feb 2023 | £122,820 | £122,000 | 262 HORSLEY ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 11 Nov 2008. Using an estimated price of £158,363 means this house is valued at £1,799 per sq meter (£167 per sq foot).
The average size of a house on HORSLEY ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Horsley Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Horsley Road |
| Sep 2024 | Criminal damage and arson | Offender given a caution | On or near Horsley Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Horsley Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Horsley Road |