£227,897
This estimated value is based upon the latest sale price for the house of £179,950 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£179,950 | 8 Dec 2017 |
£150,000 | 26 Sep 2014 |
£156,500 | 20 Dec 2007 |
Semi-Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £179,950 results in an estimated price of approximately £227,897.
8 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £179,950 | £47,947 | £227,897 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 23.341 % | £42,001 | £221,951 |
3 Month Average | 22.110 % | £39,786 | £219,736 |
6 Month Average | 11.096 % | £19,967 | £199,917 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £218,355 | £215,000 | 7 CHAPEL HOUSE ROAD |
7 Mar 2024 | £284,369 | £280,000 | 47 CHAPEL HOUSE DRIVE |
30 Nov 2023 | £179,558 | £175,000 | 46 WESTLANDS |
1 Sep 2023 | £230,072 | £225,000 | 21 NORTHCOTE AVENUE |
10 Mar 2023 | £71,189 | £70,000 | 35 NORTHCOTE AVENUE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 14 Jan 2016. Using an estimated price of £227,897 means this house is valued at £1,688 per sq meter (£156 per sq foot).
The average size of a house on NORTHCOTE AVENUE is 106 sq meters (1,143 sq feet).
Date | Crime | Outcome | Where |
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Jul 2024 | Anti-social behaviour | On or near Northcote Avenue | |
Jul 2024 | Anti-social behaviour | On or near Northcote Avenue | |
Jul 2024 | Anti-social behaviour | On or near Northcote Avenue | |
Jul 2024 | Anti-social behaviour | On or near Northcote Avenue | |
Jul 2024 | Anti-social behaviour | On or near Northcote Avenue |