£278,558
This estimated value is based upon the latest sale price for the house of £260,000 on 16 Dec 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 |
---|---|
£260,000 | 16 Dec 2021 |
£180,000 | 25 Apr 2008 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £260,000 results in an estimated price of approximately £278,558.
16 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £260,000 | £18,558 | £278,558 |
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 | 146.731 % | £381,500 | £641,500 |
3 Month Average | 5.008 % | £13,020 | £273,020 |
6 Month Average | 8.886 % | £23,104 | £283,104 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £152,046 | £150,000 | 12A FAIRFIELD DRIVE |
28 Apr 2023 | £363,918 | £360,000 | 21 EARSDON ROAD |
1 Aug 2022 | £383,966 | £385,000 | 7 WESTFIELD AVENUE |
7 Jul 2022 | £365,985 | £365,000 | 25 EARSDON ROAD |
13 Jun 2022 | £340,309 | £335,500 | 20 WESTFIELD AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 3 Sep 2021. Using an estimated price of £278,558 means this house is valued at £3,129 per sq meter (£290 per sq foot).
The average size of a house on EARSDON ROAD is 106 sq meters (1,144 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Supermarket |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green Square |
Mar 2024 | Shoplifting | Under investigation | On or near Westfield Avenue |
Mar 2024 | Shoplifting | Under investigation | On or near Westfield Avenue |
Mar 2024 | Shoplifting | Under investigation | On or near Westfield Avenue |