£348,146
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£250,000 | 27 Nov 2015 |
£249,950 | 21 Oct 2005 |
£215,000 | 14 May 2004 |
Detached |
Freehold |
Floor Area: 125 sq meters or 1,347 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 November 2015 the House Price Index for TYNE AND WEAR was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £250,000 results in an estimated price of approximately £348,146.
27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £250,000 | £98,146 | £348,146 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -6.934 % | £-17,335 | £232,664 |
3 Month Average | 1.665 % | £4,161 | £254,161 |
6 Month Average | 10.210 % | £25,524 | £275,524 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £305,342 | £300,000 | 21 CHEVIOT ROAD |
18 Aug 2023 | £282,421 | £279,950 | 6 LABURNUM GARDENS |
29 Jul 2022 | £195,526 | £195,000 | 28 LABURNUM GARDENS |
22 Apr 2022 | £257,450 | £250,000 | 2 EAGLE COTTAGES MONKTON LANE |
14 Apr 2022 | £195,662 | £190,000 | 65A WOOD TERRACE |
This house has a floor area of 125 sq meters or 1,347 sq feet when measured on 9 Aug 2011. Using an estimated price of £348,146 means this house is valued at £2,780 per sq meter (£258 per sq foot).
The average size of a house on HIGH BACK CLOSE is 163 sq meters (1,758 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Monkton Lane | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Monkton Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Monkton Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Monkton Lane |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Monkton Lane |