£174,842
This estimated value is based upon the latest sale price for the house of £142,500 on 5 Sep 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 |
---|---|
£142,500 | 5 Sep 2019 |
£130,000 | 31 May 2018 |
£118,000 | 7 Aug 2009 |
£118,000 | 7 Aug 2009 |
£110,000 | 17 Sep 2004 |
Semi-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 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £142,500 results in an estimated price of approximately £174,842.
5 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £142,500 | £32,342 | £174,842 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -33.422 % | £-47,626 | £94,873 |
3 Month Average | 8.691 % | £12,384 | £154,884 |
6 Month Average | 13.502 % | £19,240 | £161,740 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £187,396 | £185,000 | 85 HIGHFIELD DRIVE |
1 Aug 2023 | £196,721 | £195,000 | 68 HIGHFIELD DRIVE |
12 Apr 2023 | £171,850 | £170,000 | 33 HIGH MEADOW |
8 Feb 2023 | £174,882 | £175,000 | 60 HIGHFIELD DRIVE |
12 Oct 2022 | £240,411 | £243,000 | 74 HIGHFIELD DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 25 Apr 2018. Using an estimated price of £174,842 means this house is valued at £2,428 per sq meter (£225 per sq foot).
The average size of a house on HIGHFIELD DRIVE is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Highfield Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wells Grove |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Wells Grove |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Grinstead Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Grinstead Close |