£92,307
This estimated value is based upon the latest sale price for the house of £90,000 on 1 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,000 | 1 Apr 2022 |
| £92,000 | 14 Jul 2017 |
| £79,500 | 17 Jul 2015 |
| £50,000 | 27 Mar 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 April 2022 the House Price Index for TYNE AND WEAR was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £90,000 results in an estimated price of approximately £92,307.
| 1 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £90,000 | £2,307 | £92,307 |
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 | 119.917 % | £107,924 | £197,924 |
| 3 Month Average | -2.173 % | £-1,955 | £88,044 |
| 6 Month Average | -7.434 % | £-6,690 | £83,309 |
| 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 | £87,179 | £85,000 | 50 LEAZES COURT BARRACK ROAD |
| 1 Apr 2022 | £92,308 | £90,000 | 2 LEAZES COURT BARRACK ROAD |
| 29 Mar 2022 | £72,245 | £70,000 | 5 LEAZES COURT BARRACK ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 8 May 2013. Using an estimated price of £92,308 means this house is valued at £1,923 per sq meter (£178 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 |