£242,389
This estimated value is based upon the latest sale price for the house of £192,000 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£192,000 | 29 Mar 2018 |
£186,000 | 27 Jun 2014 |
£177,000 | 22 Feb 2013 |
£166,590 | 3 Oct 2006 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £192,000 results in an estimated price of approximately £242,389.
29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £192,000 | £50,389 | £242,389 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -18.413 % | £-35,352 | £156,647 |
3 Month Average | -5.604 % | £-10,758 | £181,241 |
6 Month Average | -1.821 % | £-3,496 | £188,503 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £294,988 | £287,500 | 13 BEACONSFIELD AVENUE |
5 Oct 2023 | £258,880 | £253,000 | 7 BEACONSFIELD AVENUE |
4 Sep 2023 | £450,941 | £441,000 | 2 PRIMROSE HILL |
1 Sep 2023 | £347,664 | £340,000 | 15 KELLS GARDENS |
2 Jun 2023 | £346,953 | £340,000 | 13 PRIMROSE HILL |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Jul 2012. Using an estimated price of £242,390 means this house is valued at £2,786 per sq meter (£258 per sq foot).
The average size of a house on DERWENT GARDENS is 100 sq meters (1,078 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Hill Top Gardens | |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Hill Top Gardens |
Jun 2024 | Other theft | Under investigation | On or near Hill Top Gardens |
Apr 2024 | Other crime | Under investigation | On or near Hill Top Gardens |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Primrose Hill |