£164,618
This estimated value is based upon the latest sale price for the house of £160,000 on 21 Jul 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 |
---|---|
£160,000 | 21 Jul 2023 |
£160,000 | 21 Jul 2023 |
£107,000 | 10 Aug 2018 |
£93,732 | 12 Sep 2013 |
£93,732 | 12 Sep 2013 |
£108,000 | 27 Mar 2009 |
£108,000 | 27 Mar 2009 |
£173,000 | 3 Sep 2007 |
£136,000 | 4 Aug 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 July 2023 the House Price Index for TYNE AND WEAR was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £160,000 results in an estimated price of approximately £164,618.
21 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £160,000 | £4,618 | £164,618 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -15.278 % | £-24,445 | £135,554 |
3 Month Average | 2.278 % | £3,644 | £163,644 |
6 Month Average | -2.756 % | £-4,409 | £155,590 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £203,673 | £200,000 | 2 BELVEDERE AVENUE |
19 Oct 2022 | £271,095 | £272,000 | 7 ABBOTSFORD PARK |
6 Oct 2022 | £276,078 | £277,000 | 9 WAVERLEY AVENUE |
19 Aug 2022 | £429,609 | £427,600 | 43 MELROSE AVENUE |
25 Mar 2022 | £82,993 | £79,500 | 33 WAVERLEY AVENUE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 12 Oct 2017.
The average size of a house on MARMION TERRACE is 81 sq meters (872 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Public order | Under investigation | On or near Marmion Terrace |
Jul 2024 | Anti-social behaviour | On or near Marmion Terrace | |
Jul 2024 | Anti-social behaviour | On or near Marmion Terrace | |
Jul 2024 | Anti-social behaviour | On or near Marmion Terrace | |
Jul 2024 | Anti-social behaviour | On or near Marmion Terrace |