£549,827
This estimated value is based upon the latest sale price for the house of £280,000 on 23 Jul 2004. 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 |
---|---|
£280,000 | 23 Jul 2004 |
Semi-Detached |
Freehold |
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 2004 the House Price Index for TYNE AND WEAR was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £280,000 results in an estimated price of approximately £549,827.
23 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 149.7 | 96.367 % | £280,000 | £269,827 | £549,827 |
The Postcode Pricing Model uses changes in average sales price within the NE36 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 | 87.723 % | £245,624 | £525,624 |
3 Month Average | 11.545 % | £32,325 | £312,325 |
6 Month Average | 23.755 % | £66,514 | £346,514 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £165,072 | £160,000 | 22 FRONT STREET |
28 Sep 2023 | £309,319 | £302,500 | TAORMINA SOUTH LANE |
18 Aug 2023 | £770,904 | £757,000 | NORTH LODGE NORTH ROAD |
14 Jun 2023 | £178,069 | £174,500 | 20 FRONT STREET |
14 Jun 2023 | £152,047 | £149,000 | 1 FRONT STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Front Street |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Front Street |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Front Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Front Street |
Jul 2024 | Vehicle crime | Under investigation | On or near Grange Terrace |