£94,153
This estimated value is based upon the latest sale price for the house of £91,800 on 16 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£91,800 | 16 Apr 2022 |
£85,000 | 26 Aug 2011 |
£32,500 | 29 Aug 1997 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 April 2022 the House Price Index for TYNE AND WEAR was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £91,800 results in an estimated price of approximately £94,153.
16 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.0 | 2.564 % | £91,800 | £2,353 | £94,153 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 26.998 % | £24,784 | £116,584 |
3 Month Average | 9.203 % | £8,448 | £100,248 |
6 Month Average | 10.773 % | £9,889 | £101,689 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £128,434 | £128,000 | 22 MILLBROOK |
23 Aug 2023 | £140,857 | £140,000 | 21 HIGHFIELD COURT |
9 Jun 2023 | £126,022 | £125,000 | 2 WARDLE GARDENS |
17 Feb 2023 | £94,304 | £94,750 | 49 HILL CREST |
10 Feb 2023 | £139,341 | £140,000 | 20 HIGHFIELD COURT |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 2 Nov 2021. Using an estimated price of £94,154 means this house is valued at £1,148 per sq meter (£106 per sq foot).
The average size of a house on MILLBROOK is 89 sq meters (964 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Highfield Court |
Feb 2024 | Other crime | Under investigation | On or near Highfield Court |
Jan 2024 | Anti-social behaviour | On or near Highfield Court | |
Jan 2024 | Anti-social behaviour | On or near Highfield Court | |
Jan 2024 | Anti-social behaviour | On or near Highfield Court |