£653,067
This estimated value is based upon the latest sale price for the house of £108,750 on 24 Nov 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 |
---|---|
£108,750 | 24 Nov 2023 |
£92,500 | 6 Aug 2021 |
£80,000 | 5 Dec 2014 |
£87,000 | 30 Nov 2006 |
£36,000 | 4 Apr 2003 |
£24,000 | 17 Nov 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 28 sq meters or 301 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 November 2023 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £108,750 results in an estimated price of approximately £653,067.
24 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 146.7 | 500.522 % | £108,750 | £544,317 | £653,067 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | -11.809 % | £-12,842 | £95,907 |
3 Month Average | -8.833 % | £-9,605 | £99,144 |
6 Month Average | -16.475 % | £-17,916 | £90,833 |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 4 Jul 2018.
The average size of a house on PERCY PARK is 119 sq meters (1,281 sq feet).
This house is the smallest in the street with a floor area of 28 sq meters (301 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Drive |
Mar 2024 | Drugs | Under investigation | On or near Abbey Drive |
Dec 2023 | Public order | Under investigation | On or near Abbey Drive |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queensway |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Queensway |