£135,123
This estimated value is based upon the latest sale price for the house of £110,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Fell Road
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Price Paid | Date |
---|---|
£110,000 | 12 Jul 2019 |
£104,000 | 29 Jun 2012 |
£57,000 | 1 Mar 2002 |
£42,750 | 10 Jul 1998 |
£41,000 | 3 Nov 1997 |
£14,000 | 31 Jan 1997 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 733 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 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £110,000 results in an estimated price of approximately £135,123.
12 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.0 | 22.839 % | £110,000 | £25,123 | £135,123 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -12.785 % | £-14,063 | £95,936 |
3 Month Average | 11.248 % | £12,372 | £122,372 |
6 Month Average | 11.761 % | £12,937 | £122,937 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £157,016 | £155,000 | 5 OAKWOOD CLOSE |
16 Nov 2023 | £205,640 | £203,000 | 6 FELL ROAD |
10 Nov 2023 | £151,900 | £149,950 | 5 LISMORE TERRACE |
10 Nov 2023 | £86,105 | £85,000 | 7 FERNDALE TERRACE |
3 Nov 2023 | £207,666 | £205,000 | 68 BEECH GROVE |
This house has a floor area of 68 sq meters or 733 sq feet when measured on 23 Aug 2011. Using an estimated price of £135,123 means this house is valued at £1,982 per sq meter (£184 per sq foot).
The average size of a house on ALBION TERRACE is 84 sq meters (911 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Fell Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Fell Road |
Feb 2024 | Shoplifting | Under investigation | On or near Oakwood Close |
Feb 2024 | Shoplifting | Under investigation | On or near Oakwood Close |
Apr 2024 | Anti-social behaviour | On or near Uplands Way |