£218,697
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Jun 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Rudchester Place
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Price Paid | Date |
---|---|
£120,000 | 17 Jun 2005 |
£81,000 | 9 May 2003 |
£50,750 | 2 Jul 2001 |
£37,500 | 23 May 1997 |
Semi-Detached |
Freehold |
Floor Area: 53 sq meters or 580 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 June 2005 the House Price Index for TYNE AND WEAR was 80.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.248%.Applying this 82.248% change to the original purchase price of £120,000 results in an estimated price of approximately £218,697.
17 Jun 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 146.7 | 82.248 % | £120,000 | £98,697 | £218,697 |
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 | 20.715 % | £24,858 | £144,858 |
3 Month Average | 29.966 % | £35,959 | £155,959 |
6 Month Average | 43.841 % | £52,608 | £172,608 |
This house has a floor area of 53 sq meters or 580 sq feet when measured on 12 Mar 2012.
The average size of a house on RUDCHESTER PLACE is 86 sq meters (934 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (580 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Rudchester Place |
Mar 2024 | Public order | Under investigation | On or near Rudchester Place |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rudchester Place |
Feb 2024 | Burglary | Under investigation | On or near Rudchester Place |
Jan 2024 | Other theft | Under investigation | On or near Rudchester Place |