£154,906
This estimated value is based upon the latest sale price for the house of £140,000 on 27 Oct 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £140,000 | 27 Oct 2021 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 October 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £140,000 results in an estimated price of approximately £154,906.
| 27 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £140,000 | £14,906 | £154,906 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 10.778 % | £15,089 | £155,089 |
| 3 Month Average | 2.377 % | £3,328 | £143,328 |
| 6 Month Average | 7.781 % | £10,893 | £150,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £146,055 | £143,500 | 12 AYTON CLOSE |
| 28 Nov 2023 | £182,705 | £180,000 | 49 DOWNEND ROAD |
| 12 Jul 2023 | £139,376 | £137,500 | 103 NAWORTH DRIVE |
| 16 Jun 2023 | £92,116 | £91,000 | 7 BAYBRIDGE ROAD |
| 15 Feb 2023 | £122,917 | £123,000 | 7 AYTON CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 May 2021. Using an estimated price of £154,907 means this house is valued at £1,844 per sq meter (£171 per sq foot).
The average size of a house on BAYBRIDGE ROAD is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Baybridge Road |
| Feb 2024 | Public order | Under investigation | On or near Ayton Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hillhead Way |
| Mar 2024 | Anti-social behaviour | On or near Whorlton Place | |
| Mar 2024 | Anti-social behaviour | On or near Whorlton Place |