£285,521
This estimated value is based upon the latest sale price for the house of £218,000 on 17 Feb 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 |
---|---|
£218,000 | 17 Feb 2017 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,247 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 February 2017 the House Price Index for TYNE AND WEAR was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £218,000 results in an estimated price of approximately £285,521.
17 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £218,000 | £67,521 | £285,521 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 72.498 % | £158,045 | £376,045 |
3 Month Average | 8.508 % | £18,548 | £236,548 |
6 Month Average | 7.735 % | £16,862 | £234,862 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £179,950 | £179,950 | 4 MIDDLEWOOD PARK |
20 Oct 2023 | £133,021 | £130,000 | 37 MIDDLEWOOD PARK |
18 Aug 2023 | £132,388 | £130,000 | 33 MIDDLEWOOD PARK |
24 Apr 2023 | £142,668 | £140,000 | 18 MIDDLEWOOD PARK |
31 Mar 2023 | £79,325 | £78,000 | 43 MIDDLEWOOD PARK |
This house has a floor area of 115 sq meters or 1,247 sq feet when measured on 4 May 2009. Using an estimated price of £285,522 means this house is valued at £2,463 per sq meter (£228 per sq foot).
The average size of a house on BOLBEC ROAD is 133 sq meters (1,442 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Bolbec Road |
Jun 2024 | Anti-social behaviour | On or near Bolbec Road | |
Jun 2024 | Anti-social behaviour | On or near Bolbec Road | |
May 2024 | Anti-social behaviour | On or near Bolbec Road | |
May 2024 | Anti-social behaviour | On or near Bolbec Road |