£398,547
This estimated value is based upon the latest sale price for the house of £340,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£340,000 | 25 Sep 2020 |
£310,000 | 15 Aug 2017 |
£300,000 | 3 Mar 2017 |
£250,000 | 10 Jan 2011 |
£249,950 | 26 Jan 2007 |
£225,000 | 30 Oct 2003 |
£125,000 | 12 Jan 2001 |
£82,000 | 17 Oct 1997 |
Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 September 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £340,000 results in an estimated price of approximately £398,547.
25 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 146.7 | 17.220 % | £340,000 | £58,547 | £398,547 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -6.781 % | £-23,054 | £316,945 |
3 Month Average | -8.637 % | £-29,366 | £310,633 |
6 Month Average | 2.152 % | £7,317 | £347,317 |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 19 Dec 2016.
The average size of a house on NORTHFIELD ROAD is 116 sq meters (1,254 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Northfield Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Northfield Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadowfield Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadowfield Road |
Dec 2023 | Anti-social behaviour | On or near Meadowfield Road |