£217,767
This estimated value is based upon the latest sale price for the house of £60,000 on 1 Dec 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£60,000 | 1 Dec 2000 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 December 2000 the House Price Index for TYNE AND WEAR was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £60,000 results in an estimated price of approximately £217,767.
1 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.2 | 149.7 | 262.947 % | £60,000 | £157,767 | £217,767 |
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 | 162.282 % | £97,369 | £157,369 |
3 Month Average | 208.039 % | £124,823 | £184,823 |
6 Month Average | 175.846 % | £105,507 | £165,507 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £170,000 | £170,000 | 19 OTTERINGTON |
28 Sep 2023 | £455,031 | £445,000 | 12 LYDCOTT |
2 Jun 2023 | £153,067 | £150,000 | 15 THORNBRIDGE |
20 Jan 2023 | £315,844 | £315,000 | 2 OTTERINGTON |
4 Nov 2022 | £310,548 | £312,000 | 16 BECKFORD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 23 Jan 2014. Using an estimated price of £217,768 means this house is valued at £3,110 per sq meter (£289 per sq foot).
The average size of a house on THORNBRIDGE is 107 sq meters (1,155 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lydcott |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lydcott |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lydcott |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Kinlett |
Jul 2024 | Anti-social behaviour | On or near Kinlett |