£141,910
This estimated value is based upon the latest sale price for the house of £120,000 on 14 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 14 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 September 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £120,000 results in an estimated price of approximately £141,910.
| 14 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £120,000 | £21,910 | £141,910 |
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 | -39.550 % | £-47,459 | £72,540 |
| 3 Month Average | -19.726 % | £-23,671 | £96,328 |
| 6 Month Average | 1.452 % | £1,742 | £121,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £131,241 | £130,000 | 41 ASHLEIGH ROAD |
| 14 Jul 2023 | £138,308 | £137,000 | 1 KENLEY ROAD |
| 30 Jun 2023 | £166,349 | £165,000 | 5 ROOKWOOD ROAD |
| 10 Mar 2023 | £182,989 | £182,000 | 11 ASHLEIGH ROAD |
| 24 Feb 2023 | £121,426 | £122,000 | 37 HAYDON PLACE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 12 Jun 2020. Using an estimated price of £141,910 means this house is valued at £1,970 per sq meter (£183 per sq foot).
The average size of a house on SLATYFORD LANE is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kenley Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kenley Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kenley Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Kenley Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Haydon Place |