£210,656
This estimated value is based upon the latest sale price for the house of £170,500 on 25 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 |
|---|---|
| £170,500 | 25 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £170,500 results in an estimated price of approximately £210,656.
| 25 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £170,500 | £40,156 | £210,656 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 21.073 % | £35,929 | £206,429 |
| 3 Month Average | 14.499 % | £24,720 | £195,220 |
| 6 Month Average | 10.570 % | £18,022 | £188,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £279,427 | £277,000 | 16 LANGDALE |
| 14 Dec 2023 | £549,897 | £533,000 | 48 HARTLEY AVENUE |
| 15 Sep 2023 | £587,961 | £575,000 | 61 HARTLEY AVENUE |
| 8 Sep 2023 | £224,959 | £220,000 | 34 ALDER GROVE |
| 3 Feb 2023 | £276,849 | £275,000 | 44 LANGDALE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 14 Aug 2019. Using an estimated price of £210,657 means this house is valued at £3,343 per sq meter (£310 per sq foot).
The average size of a house on LANGDALE is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Alder Grove | |
| Aug 2024 | Anti-social behaviour | On or near Alder Grove | |
| Aug 2024 | Anti-social behaviour | On or near Alder Grove | |
| Oct 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Anti-social behaviour | On or near Parking Area |