£127,651
This estimated value is based upon the latest sale price for the house of £102,826 on 10 Oct 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 |
---|---|
£102,826 | 10 Oct 2018 |
£89,116 | 25 Aug 2016 |
Flats/Maisonettes |
Leasehold |
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 October 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £102,826 results in an estimated price of approximately £127,651.
10 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £102,826 | £24,825 | £127,651 |
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 | -40.100 % | £-41,232 | £61,593 |
3 Month Average | 3.109 % | £3,197 | £106,023 |
6 Month Average | -4.822 % | £-4,957 | £97,868 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £101,381 | £98,808 | FLAT 437 VITA STUDENT WESTGATE ROAD |
7 May 2020 | £113,366 | £92,000 | FLAT 325 VITA STUDENT WESTGATE ROAD |
21 Nov 2019 | £204,415 | £165,448 | FLAT 501 VITA STUDENT WESTGATE ROAD |
22 Nov 2018 | £156,319 | £125,923 | FLAT 302 VITA STUDENT WESTGATE ROAD |
9 Nov 2018 | £132,341 | £106,607 | FLAT 104 VITA STUDENT WESTGATE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near St John Street |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St John Street |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near St John Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near St John Street |
Jul 2024 | Anti-social behaviour | On or near St John Street |