£305,170
This estimated value is based upon the latest sale price for the house of £291,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£291,000 | 25 Feb 2022 |
£215,000 | 26 Oct 2005 |
£106,000 | 29 Jun 2001 |
Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 February 2022 the House Price Index for TYNE AND WEAR was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £291,000 results in an estimated price of approximately £305,170.
25 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £291,000 | £14,170 | £305,170 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -34.549 % | £-100,536 | £190,463 |
3 Month Average | 4.695 % | £13,662 | £304,662 |
6 Month Average | 2.754 % | £8,014 | £299,014 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2023 | £106,432 | £105,000 | 50 BLENCATHRA WAY |
30 Mar 2023 | £133,255 | £132,000 | 52 BLENCATHRA WAY |
10 Mar 2023 | £116,094 | £115,000 | 60 BLENCATHRA WAY |
10 Mar 2023 | £65,618 | £65,000 | 15 EAST LEA |
17 Feb 2023 | £199,866 | £200,000 | 4 BLENCATHRA WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 3 Sep 2013. Using an estimated price of £305,170 means this house is valued at £3,317 per sq meter (£308 per sq foot).
The average size of a house on HELVELLYN CLOSE is 103 sq meters (1,112 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Helvellyn Close | |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near East Lea |
Mar 2024 | Robbery | Under investigation | On or near East Lea |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Lea |
Mar 2024 | Violence and sexual offences | Under investigation | On or near East Lea |