£170,000
This estimated value is based upon the latest sale price for the house of £170,000 on 3 May 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 |
---|---|
£170,000 | 3 May 2023 |
£92,000 | 14 Feb 2014 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 May 2023 the House Price Index for TYNE AND WEAR was 146.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £170,000 results in an estimated price of approximately £170,000.
3 May 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 146.7 | 0.000 % | £170,000 | £0 | £170,000 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -22.483 % | £-38,220 | £131,779 |
3 Month Average | -24.021 % | £-40,835 | £129,164 |
6 Month Average | -5.097 % | £-8,665 | £161,334 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 Oct 2013.
The average size of a house on HEREFORD WAY is 73 sq meters (788 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hereford Way |
Dec 2023 | Other theft | Under investigation | On or near Hereford Way |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Don Dixon Drive |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Durham Drive |
Mar 2024 | Public order | Awaiting court outcome | On or near Durham Drive |