£218,683
This estimated value is based upon the latest sale price for the house of £159,995 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£159,995 | 29 Jan 2016 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 January 2016 the House Price Index for TYNE AND WEAR was 108.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 36.681%.Applying this 36.681% change to the original purchase price of £159,995 results in an estimated price of approximately £218,683.
29 Jan 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.0 | 36.681 % | £159,995 | £58,688 | £218,683 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 2.686 % | £4,298 | £164,293 |
3 Month Average | 16.998 % | £27,195 | £187,190 |
6 Month Average | 19.726 % | £31,561 | £191,556 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jan 2023 | £148,694 | £150,000 | 37 ROWAN DRIVE |
27 May 2022 | £190,837 | £188,000 | 30 ROWAN DRIVE |
18 May 2022 | £197,942 | £195,000 | 53 ROWAN DRIVE |
14 Apr 2022 | £197,436 | £192,500 | 31 CHERRY TREE WALK |
11 Mar 2022 | £201,255 | £195,000 | 12 ROWAN DRIVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 9 May 2017. Using an estimated price of £218,683 means this house is valued at £2,403 per sq meter (£223 per sq foot).
The average size of a house on RYEDALE WAY is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Ryedale Way |
Apr 2024 | Public order | Under investigation | On or near Rowan Drive |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Rowan Drive |
Apr 2024 | Public order | Under investigation | On or near Rowan Drive |
Mar 2024 | Anti-social behaviour | On or near Rowan Drive |