£129,272
This estimated value is based upon the latest sale price for the house of £87,000 on 19 Sep 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£87,000 | 19 Sep 2014 |
£92,000 | 15 Jun 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 2014 the House Price Index for TYNE AND WEAR was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £87,000 results in an estimated price of approximately £129,272.
19 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 146.7 | 48.589 % | £87,000 | £42,272 | £129,272 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -1.175 % | £-1,022 | £85,977 |
3 Month Average | 3.208 % | £2,791 | £89,791 |
6 Month Average | 18.238 % | £15,867 | £102,867 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 13 Dec 2013.
The average size of a house on OVERFIELD ROAD is 74 sq meters (803 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Possession of weapons | Under investigation | On or near Edgefield Avenue |
Mar 2024 | Public order | Under investigation | On or near Edgefield Avenue |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Edgefield Avenue |
Mar 2024 | Anti-social behaviour | On or near Edgefield Avenue | |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Edgefield Avenue |