£196,113
This estimated value is based upon the latest sale price for the house of £180,000 on 1 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Abbotsmeade Close
More crime details
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Price Paid | Date |
---|---|
£180,000 | 1 Nov 2021 |
£152,500 | 23 Sep 2016 |
£163,995 | 9 Jul 2013 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £180,000 results in an estimated price of approximately £196,113.
1 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £180,000 | £16,113 | £196,113 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 9.420 % | £16,955 | £196,955 |
3 Month Average | 15.550 % | £27,990 | £207,990 |
6 Month Average | 3.798 % | £6,836 | £186,836 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £146,247 | £144,000 | 105 ST CUTHBERTS ROAD |
28 Mar 2024 | £144,724 | £142,500 | 50 LANERCOST DRIVE |
1 Mar 2024 | £153,356 | £151,000 | 16 ST CUTHBERTS ROAD |
20 Dec 2023 | £154,755 | £150,000 | 87 LANERCOST DRIVE |
10 Nov 2023 | £138,516 | £135,000 | 3 TERRY COONEY PLACE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 26 Jun 2013. Using an estimated price of £196,114 means this house is valued at £2,001 per sq meter (£185 per sq foot).
The average size of a house on FRIARS WAY is 87 sq meters (937 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Robbery | Awaiting court outcome | On or near Abbotsmeade Close |
Jul 2024 | Burglary | Awaiting court outcome | On or near Abbotsmeade Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Abbotsmeade Close |
Jul 2024 | Drugs | Awaiting court outcome | On or near Abbotsmeade Close |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Abbotsmeade Close |