£125,679
This estimated value is based upon the latest sale price for the house of £125,000 on 3 Mar 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £125,000 | 3 Mar 2023 |
| £107,500 | 8 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,060 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 March 2023 the House Price Index for TYNE AND WEAR was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £125,000 results in an estimated price of approximately £125,679.
| 3 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £125,000 | £679 | £125,679 |
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 | 104.700 % | £130,874 | £255,874 |
| 3 Month Average | 11.736 % | £14,670 | £139,670 |
| 6 Month Average | 12.137 % | £15,171 | £140,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £122,314 | £120,000 | 8 HAWTHORN WALK |
| 14 Jul 2023 | £66,630 | £66,000 | FLAT 57 THE CEDARS PARK ROAD |
| 3 Mar 2023 | £125,679 | £125,000 | 37 WARRINGTON ROAD |
| 28 Feb 2023 | £169,200 | £170,000 | 74 NORMANTON TERRACE |
| 28 Feb 2023 | £169,200 | £170,000 | 76 NORMANTON TERRACE |
This house has a floor area of 98 sq meters or 1,060 sq feet when measured on 29 Mar 2011. Using an estimated price of £125,679 means this house is valued at £1,275 per sq meter (£118 per sq foot).
The average size of a house on WARRINGTON ROAD is 145 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Warrington Road | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Warrington Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Warrington Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Warrington Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Warrington Road |