£143,561
This estimated value is based upon the latest sale price for the house of £116,500 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£116,500 | 6 Apr 2018 |
£132,000 | 19 Oct 2007 |
£130,000 | 30 Jan 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 2018 the House Price Index for TYNE AND WEAR was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £116,500 results in an estimated price of approximately £143,561.
6 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 146.7 | 23.229 % | £116,500 | £27,061 | £143,561 |
The Postcode Pricing Model uses changes in average sales price within the NE1 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 | -90.263 % | £-105,156 | £11,343 |
3 Month Average | -4.665 % | £-5,434 | £111,065 |
6 Month Average | -22.028 % | £-25,663 | £90,836 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 Nov 2015.
The average size of a house on CITY ROAD is 49 sq meters (535 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Causey Bank |
Jan 2024 | Anti-social behaviour | On or near Pandon Bank | |
Jan 2024 | Anti-social behaviour | On or near Pandon Bank | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pandon Bank |
Jan 2024 | Anti-social behaviour | On or near Pandon Bank |