£188,845
This estimated value is based upon the latest sale price for the house of £41,500 on 26 Feb 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£41,500 | 26 Feb 1999 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 February 1999 the House Price Index for TYNE AND WEAR was 32.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 355.049%.Applying this 355.049% change to the original purchase price of £41,500 results in an estimated price of approximately £188,845.
26 Feb 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.9 | 149.7 | 355.049 % | £41,500 | £147,345 | £188,845 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 176.447 % | £73,225 | £114,725 |
3 Month Average | 237.052 % | £98,376 | £139,876 |
6 Month Average | 214.640 % | £89,075 | £130,575 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £143,748 | £142,500 | 5 HIGH ROW |
22 Mar 2024 | £160,465 | £158,000 | 51 MIDDLE ROW |
27 Mar 2023 | £116,953 | £115,000 | 34 MIDDLE ROW |
20 Jan 2023 | £295,790 | £295,000 | 21 DUNLIN CLOSE |
19 Jul 2022 | £135,356 | £134,000 | 32 MIDDLE ROW |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 20 Jul 2012. Using an estimated price of £188,845 means this house is valued at £2,622 per sq meter (£243 per sq foot).
The average size of a house on MIDDLE ROW is 104 sq meters (1,125 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Leslie Close | |
Sep 2024 | Anti-social behaviour | On or near Leslie Close | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near A695 |
Sep 2024 | Possession of weapons | Under investigation | On or near A695 |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A695 |