£135,665
This estimated value is based upon the latest sale price for the house of £107,500 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£107,500 | 27 Oct 2017 |
£105,000 | 20 Feb 2009 |
£45,000 | 26 Jun 2000 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £107,500 results in an estimated price of approximately £135,665.
27 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £107,500 | £28,165 | £135,665 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 16.198 % | £17,412 | £124,912 |
3 Month Average | -0.208 % | £-223 | £107,276 |
6 Month Average | 8.148 % | £8,758 | £116,258 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £211,195 | £207,500 | 23 FERRISDALE WAY |
4 Aug 2023 | £282,471 | £280,000 | 51 FAWDON PARK ROAD |
14 Apr 2023 | £242,612 | £240,000 | 1 BRUNTON GROVE |
6 Apr 2023 | £117,263 | £116,000 | 4 FAWDON PARK ROAD |
31 Mar 2023 | £146,379 | £145,000 | 11 BRANDON ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 12 Jul 2013. Using an estimated price of £135,665 means this house is valued at £1,910 per sq meter (£177 per sq foot).
The average size of a house on BRANDON ROAD is 84 sq meters (910 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Brandon Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brandon Road |
Dec 2023 | Anti-social behaviour | On or near Brandon Road | |
Dec 2023 | Anti-social behaviour | On or near Brandon Road | |
Dec 2023 | Anti-social behaviour | On or near Brandon Road |