£89,865
This estimated value is based upon the latest sale price for the house of £79,000 on 30 Apr 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£79,000 | 30 Apr 2021 |
£108,000 | 25 Mar 2011 |
Flats/Maisonettes |
Leasehold |
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 April 2021 the House Price Index for TYNE AND WEAR was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £79,000 results in an estimated price of approximately £89,865.
30 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 149.7 | 13.754 % | £79,000 | £10,865 | £89,865 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -32.071 % | £-25,335 | £53,664 |
3 Month Average | -16.042 % | £-12,673 | £66,326 |
6 Month Average | -0.199 % | £-157 | £78,842 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Mar 2022 | £318,400 | £305,000 | 23 KINGSWOOD |
18 Mar 2022 | £250,544 | £240,000 | 31 BYERHOPE |
10 Feb 2022 | £4,596 | £4,350 | 50 STATION ROAD |
28 Jan 2022 | £227,943 | £215,000 | 25 BYERHOPE |
5 Nov 2021 | £203,740 | £187,000 | 8 BYERHOPE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Kingswood | |
Jun 2024 | Anti-social behaviour | On or near Kingswood | |
Jun 2024 | Other crime | Under investigation | On or near Byerhope |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Byerhope |