£82,623
This estimated value is based upon the latest sale price for the house of £48,000 on 14 Dec 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £48,000 | 14 Dec 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 729 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 2009 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.132%.Applying this 72.132% change to the original purchase price of £48,000 results in an estimated price of approximately £82,623.
| 14 Dec 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.132 % | £48,000 | £34,623 | £82,623 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | -11.205 % | £-5,378 | £42,621 |
| 3 Month Average | -6.072 % | £-2,914 | £45,085 |
| 6 Month Average | 13.492 % | £6,476 | £54,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £42,810 | £42,000 | 84 LEAZES COURT BARRACK ROAD |
| 23 Feb 2023 | £87,586 | £88,000 | 14 BARRINGTON PLACE |
| 1 Apr 2022 | £92,308 | £90,000 | 2 LEAZES COURT BARRACK ROAD |
| 1 Apr 2022 | £87,179 | £85,000 | 50 LEAZES COURT BARRACK ROAD |
| 29 Mar 2022 | £72,245 | £70,000 | 5 LEAZES COURT BARRACK ROAD |
This house has a floor area of 67 sq meters or 729 sq feet when measured on 27 Jul 2009. Using an estimated price of £82,623 means this house is valued at £1,219 per sq meter (£113 per sq foot).
The average size of a house on BARRACK ROAD is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near New Mills | |
| Apr 2024 | Drugs | Under investigation | On or near New Mills |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near New Mills |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near New Mills |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Mills |