£128,776
This estimated value is based upon the latest sale price for the house of £105,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £105,000 | 8 Nov 2019 |
| £87,000 | 12 Jun 2013 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 916 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £105,000 results in an estimated price of approximately £128,776.
| 8 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £105,000 | £23,776 | £128,776 |
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 | 7.301 % | £7,666 | £112,666 |
| 3 Month Average | 5.791 % | £6,080 | £111,080 |
| 6 Month Average | 13.194 % | £13,853 | £118,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £95,000 | £95,000 | 44 GAINFORD |
| 11 Aug 2023 | £121,059 | £120,000 | 127 HERTFORD |
| 21 Jul 2023 | £121,586 | £119,950 | 26 ASHFORD |
| 7 Jul 2023 | £82,612 | £81,500 | 71 ASHFORD |
| 24 Feb 2023 | £127,414 | £127,500 | 45 WOODFORD |
This house has a floor area of 85 sq meters or 916 sq feet when measured on 26 Apr 2011. Using an estimated price of £128,777 means this house is valued at £1,511 per sq meter (£140 per sq foot).
The average size of a house on GAINFORD is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hertford |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Hertford |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodford |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Woodford |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woodford |