£231,140
This estimated value is based upon the latest sale price for the house of £182,000 on 29 Nov 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 |
---|---|
£182,000 | 29 Nov 2017 |
£46,000 | 17 May 1996 |
Semi-Detached |
Leasehold |
Floor Area: 101 sq meters or 1,092 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 November 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £182,000 results in an estimated price of approximately £231,140.
29 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £182,000 | £49,140 | £231,140 |
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 | -17.028 % | £-30,991 | £151,008 |
3 Month Average | -1.558 % | £-2,835 | £179,164 |
6 Month Average | 7.705 % | £14,023 | £196,023 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £287,416 | £283,000 | 10 WYNBURY ROAD |
29 Sep 2023 | £224,959 | £220,000 | 4 LOWESWATER ROAD |
28 Apr 2023 | £189,036 | £185,500 | 20 LANTHWAITE ROAD |
27 Mar 2023 | £163,734 | £161,000 | 1 BUTTERMERE GARDENS |
24 Feb 2023 | £186,244 | £185,000 | 22 ENNERDALE GARDENS |
This house has a floor area of 101 sq meters or 1,092 sq feet when measured on 20 Feb 2012. Using an estimated price of £231,140 means this house is valued at £2,276 per sq meter (£211 per sq foot).
The average size of a house on BUTTERMERE GARDENS is 100 sq meters (1,086 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Gatesgarth | |
May 2024 | Anti-social behaviour | On or near Gatesgarth | |
May 2024 | Anti-social behaviour | On or near Gatesgarth | |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wynbury Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wynbury Road |