£90,042
This estimated value is based upon the latest sale price for the house of £70,100 on 3 Jul 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£70,100 | 3 Jul 2019 |
£14,000 | 24 Jan 2001 |
Flats/Maisonettes |
Freehold |
Floor Area: 66 sq meters or 710 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 2019 the House Price Index for TYNE AND WEAR was 81.2.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 28.448%.Applying this 28.448% change to the original purchase price of £70,100 results in an estimated price of approximately £90,042.
3 Jul 2019 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.2 | 104.3 | 28.448 % | £70,100 | £19,942 | £90,042 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 14.312 % | £10,032 | £80,132 |
3 Month Average | 46.555 % | £32,635 | £102,735 |
6 Month Average | 14.434 % | £10,118 | £80,218 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2024 | £170,223 | £165,000 | 98 DILSTON ROAD |
23 Oct 2024 | £257,364 | £247,000 | 3 CHELSEA GROVE |
18 Sep 2024 | £70,827 | £67,500 | 54 TAMWORTH ROAD |
5 Jun 2023 | £132,360 | £125,000 | 25 DILSTON ROAD |
18 May 2023 | £129,315 | £122,000 | 24 DILSTON ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Jan 2020.
The average size of a house on DILSTON ROAD is 93 sq meters (1,002 sq feet).