£117,512
This estimated value is based upon the latest sale price for the house of £74,000 on 5 Jul 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £74,000 | 5 Jul 2007 |
| £16,000 | 12 Oct 2001 |
| £17,000 | 21 Aug 1997 |
| £24,269 | 24 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 July 2007 the House Price Index for TYNE AND WEAR was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £74,000 results in an estimated price of approximately £117,512.
| 5 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £74,000 | £43,512 | £117,512 |
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 | -5.285 % | £-3,911 | £70,088 |
| 3 Month Average | 2.918 % | £2,159 | £76,159 |
| 6 Month Average | 10.736 % | £7,944 | £81,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £93,436 | £92,000 | 1 RUSKIN ROAD |
| 30 Nov 2023 | £87,214 | £85,000 | 5 IONA ROAD |
| 27 Nov 2023 | £62,589 | £61,000 | 56 ESK STREET |
| 20 Oct 2023 | £127,905 | £125,000 | 196 CARR HILL ROAD |
| 30 Mar 2023 | £116,953 | £115,000 | 67 IONA ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 3 Jan 2020. Using an estimated price of £117,513 means this house is valued at £2,259 per sq meter (£209 per sq foot).
The average size of a house on CARR HILL ROAD is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Esk Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Esk Street |
| Jul 2024 | Public order | Under investigation | On or near Esk Street |
| May 2024 | Other crime | Under investigation | On or near Esk Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Esk Street |