£115,708
This estimated value is based upon the latest sale price for the house of £108,000 on 17 Dec 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 Heathwell Road
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Price Paid | Date |
---|---|
£108,000 | 17 Dec 2021 |
£83,000 | 13 Oct 2010 |
£33,000 | 5 May 1995 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 December 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £108,000 results in an estimated price of approximately £115,708.
17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £108,000 | £7,708 | £115,708 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | -46.640 % | £-50,370 | £57,629 |
3 Month Average | 1.112 % | £1,201 | £109,201 |
6 Month Average | 1.057 % | £1,141 | £109,141 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £134,216 | £132,500 | 98 BROADWOOD ROAD |
31 Mar 2023 | £128,713 | £127,500 | 34 HEATHWELL ROAD |
1 Feb 2023 | £129,913 | £130,000 | 94 BROADWOOD ROAD |
17 Nov 2022 | £113,624 | £115,000 | 13 HIGHWOOD ROAD |
28 Jul 2022 | £125,337 | £125,000 | 47 WHARMLANDS ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 2 Oct 2014. Using an estimated price of £115,709 means this house is valued at £1,522 per sq meter (£141 per sq foot).
The average size of a house on WHARMLANDS ROAD is 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heathwell Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Heathwell Road |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wharmlands Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near The Forum |
Jan 2024 | Violence and sexual offences | Under investigation | On or near The Forum |