£126,865
This estimated value is based upon the latest sale price for the house of £81,000 on 5 Oct 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £81,000 | 5 Oct 2007 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 909 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 October 2007 the House Price Index for TYNE AND WEAR was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £81,000 results in an estimated price of approximately £126,865.
| 5 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £81,000 | £45,865 | £126,865 |
The Postcode Pricing Model uses changes in average sales price within the NE38 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 | 22.969 % | £18,605 | £99,605 |
| 3 Month Average | 0.145 % | £117 | £81,117 |
| 6 Month Average | 8.732 % | £7,073 | £88,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £77,675 | £77,000 | 119 BARMSTON WAY |
| 1 Dec 2023 | £197,055 | £191,000 | 21 THORNHOPE CLOSE |
| 1 Dec 2023 | £70,156 | £68,000 | 87 STOCKLEY ROAD |
| 11 Sep 2023 | £79,758 | £78,000 | 127 WASKERLEY ROAD |
| 4 Apr 2023 | £61,144 | £60,000 | 68 BARMSTON WAY |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 18 Nov 2011. Using an estimated price of £126,866 means this house is valued at £1,501 per sq meter (£139 per sq foot).
The average size of a house on BARMSTON WAY is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| May 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |