£241,457
This estimated value is based upon the latest sale price for the house of £180,000 on 12 Jul 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £180,000 | 12 Jul 2016 |
| £165,000 | 25 Jun 2004 |
| Terraced |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £180,000 results in an estimated price of approximately £241,457.
| 12 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £180,000 | £61,457 | £241,457 |
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 | 20.834 % | £37,501 | £217,501 |
| 3 Month Average | 14.173 % | £25,511 | £205,511 |
| 6 Month Average | 35.030 % | £63,054 | £243,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2024 | £135,000 | £135,000 | 25 BRENDALE AVENUE |
| 26 Mar 2024 | £147,263 | £145,000 | 89 ROACHBURN ROAD |
| 19 Jun 2023 | £178,579 | £175,000 | 23 DOWNEND ROAD |
| 3 Apr 2023 | £176,297 | £173,000 | 19 DOWNEND ROAD |
| 24 Mar 2023 | £162,667 | £159,950 | 7 DOWNEND ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 13 Jan 2016. Using an estimated price of £241,458 means this house is valued at £2,155 per sq meter (£200 per sq foot).
The average size of a house on ROACHBURN ROAD is 75 sq meters (808 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Langdon Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Roachburn Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Roachburn Road |
| Oct 2024 | Anti-social behaviour | On or near Horwood Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Horwood Avenue |