£69,162
This estimated value is based upon the latest sale price for the house of £48,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£48,000 | 22 May 2015 |
£78,600 | 5 Aug 2005 |
£55,000 | 18 Jul 2003 |
£29,950 | 29 Jun 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 2015 the House Price Index for TYNE AND WEAR was 101.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 44.088%.Applying this 44.088% change to the original purchase price of £48,000 results in an estimated price of approximately £69,162.
22 May 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 146.7 | 44.088 % | £48,000 | £21,162 | £69,162 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -44.590 % | £-21,403 | £26,596 |
3 Month Average | -50.561 % | £-24,269 | £23,730 |
6 Month Average | -14.415 % | £-6,919 | £41,080 |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 17 Nov 2015.
The average size of a house on MARDALE is 69 sq meters (752 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Moorside |
Mar 2024 | Other theft | Under investigation | On or near Moorside |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Moorside |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Moorside |
Mar 2024 | Shoplifting | Awaiting court outcome | On or near Moorside |