£165,880
This estimated value is based upon the latest sale price for the house of £135,000 on 31 Jan 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 |
|---|---|
| £135,000 | 31 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £135,000 results in an estimated price of approximately £165,880.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £135,000 | £30,880 | £165,880 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 41.860 % | £56,510 | £191,510 |
| 3 Month Average | 18.776 % | £25,348 | £160,348 |
| 6 Month Average | 27.523 % | £37,155 | £172,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £186,621 | £185,000 | 38 HORSLEY ROAD |
| 28 Mar 2024 | £170,114 | £167,500 | 36 HORSLEY ROAD |
| 20 Dec 2023 | £185,706 | £180,000 | 58 HORSLEY ROAD |
| 25 Oct 2023 | £204,648 | £200,000 | 15 BILSMOOR AVENUE |
| 14 Aug 2023 | £147,663 | £145,000 | 50 HORSLEY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 13 Feb 2016. Using an estimated price of £165,880 means this house is valued at £2,272 per sq meter (£211 per sq foot).
The average size of a house on HORSLEY ROAD is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Thropton Terrace |
| Jun 2024 | Anti-social behaviour | On or near Thropton Terrace | |
| Jun 2024 | Anti-social behaviour | On or near Thropton Terrace | |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thropton Terrace |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thropton Terrace |