£101,643
This estimated value is based upon the latest sale price for the house of £60,000 on 30 Jul 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£60,000 | 30 Jul 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 633 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 July 2010 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £60,000 results in an estimated price of approximately £101,643.
30 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.405 % | £60,000 | £41,643 | £101,643 |
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 | 53.723 % | £32,233 | £92,233 |
3 Month Average | 27.696 % | £16,617 | £76,617 |
6 Month Average | 27.692 % | £16,615 | £76,615 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £61,068 | £60,000 | FLAT 30 WILTON MANSE(APU) THORNTREE DRIVE |
21 Jul 2023 | £212,865 | £210,000 | 38 HAREWOOD CRESCENT |
21 Jul 2023 | £54,737 | £54,000 | 11 WILTON MANSE THORNTREE DRIVE |
30 Jun 2023 | £197,391 | £195,000 | 36 HAREWOOD CRESCENT |
14 Apr 2023 | £197,122 | £195,000 | 118 THORNTREE DRIVE |
This house has a floor area of 58 sq meters or 633 sq feet when measured on 11 Jun 2009. Using an estimated price of £101,643 means this house is valued at £1,726 per sq meter (£160 per sq foot).
The average size of a house on THORNTREE DRIVE is 74 sq meters (799 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorntree Close |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Thorntree Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Harewood Crescent |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Harewood Crescent |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Harewood Crescent |