£220,292
This estimated value is based upon the latest sale price for the house of £125,000 on 16 Oct 2008. 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 | 16 Oct 2008 |
£125,000 | 26 Sep 2007 |
Terraced |
Freehold |
Floor Area: 178 sq meters or 1,915 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 2008 the House Price Index for TYNE AND WEAR was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £125,000 results in an estimated price of approximately £220,292.
16 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 149.7 | 76.234 % | £125,000 | £95,292 | £220,292 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 107.332 % | £134,165 | £259,165 |
3 Month Average | 53.117 % | £66,395 | £191,395 |
6 Month Average | 35.822 % | £44,776 | £169,776 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £300,000 | £300,000 | 72 WEST ROAD |
14 Sep 2023 | £55,217 | £54,000 | 232 ELLESMERE ROAD |
9 Jun 2023 | £78,575 | £77,000 | 235 ELLESMERE ROAD |
7 Feb 2023 | £85,572 | £85,000 | 163 HAMPSTEAD ROAD |
24 Jun 2022 | £47,005 | £46,000 | 238 ELLESMERE ROAD |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 1 Sep 2016. Using an estimated price of £220,293 means this house is valued at £1,237 per sq meter (£114 per sq foot).
The average size of a house on HAMPSTEAD ROAD is 80 sq meters (870 sq feet).
This house is the largest in the street with a floor area of 178 sq meters (1,915 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Middleton Avenue | |
Jul 2024 | Anti-social behaviour | On or near Middleton Avenue | |
Jul 2024 | Anti-social behaviour | On or near Middleton Avenue | |
Jun 2024 | Anti-social behaviour | On or near Middleton Avenue | |
Jun 2024 | Anti-social behaviour | On or near Middleton Avenue |