£259,231
This estimated value is based upon the latest sale price for the house of £200,000 on 24 Mar 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £200,000 | 24 Mar 2017 |
| Semi-Detached |
| Leasehold |
| Floor Area: 112 sq meters or 1,207 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 March 2017 the House Price Index for TYNE AND WEAR was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £200,000 results in an estimated price of approximately £259,231.
| 24 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £200,000 | £59,231 | £259,231 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 42.606 % | £85,211 | £285,211 |
| 3 Month Average | 21.728 % | £43,456 | £243,456 |
| 6 Month Average | 16.634 % | £33,268 | £233,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £193,384 | £190,000 | 16 BUTTERMERE GARDENS |
| 29 Sep 2023 | £222,849 | £220,000 | 4 LOWESWATER ROAD |
| 31 Jul 2023 | £153,060 | £151,000 | 2 ENNERDALE GARDENS |
| 28 Apr 2023 | £187,519 | £185,500 | 20 LANTHWAITE ROAD |
| 27 Mar 2023 | £162,531 | £161,000 | 1 BUTTERMERE GARDENS |
This house has a floor area of 112 sq meters or 1,207 sq feet when measured on 28 Apr 2010. Using an estimated price of £259,232 means this house is valued at £2,310 per sq meter (£214 per sq foot).
The average size of a house on BUTTERMERE GARDENS is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Buttermere Gardens |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wynbury Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wynbury Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wynbury Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wynbury Road |