£296,543
This estimated value is based upon the latest sale price for the house of £168,500 on 15 Oct 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£168,500 | 15 Oct 2009 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,087 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 2009 the House Price Index for TYNE AND WEAR was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £168,500 results in an estimated price of approximately £296,543.
15 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.4 | 148.6 | 75.990 % | £168,500 | £128,043 | £296,543 |
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 | 19.496 % | £32,850 | £201,350 |
3 Month Average | 8.556 % | £14,417 | £182,917 |
6 Month Average | 17.984 % | £30,302 | £198,802 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £142,104 | £140,000 | 11 ABIGAIL COURT SANDRINGHAM ROAD |
11 Aug 2023 | £232,030 | £230,000 | 30 BOWSDEN TERRACE |
10 Aug 2023 | £94,830 | £94,000 | 28 BOWSDEN TERRACE |
25 Aug 2022 | £154,584 | £155,000 | 20 FIELD STREET |
18 Mar 2022 | £163,729 | £158,000 | 4 FIELD STREET |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 19 Jul 2013. Using an estimated price of £296,543 means this house is valued at £2,936 per sq meter (£272 per sq foot).
The average size of a house on BOWSDEN TERRACE is 98 sq meters (1,062 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near William Street | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near William Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near William Street |
Jan 2024 | Public order | Under investigation | On or near William Street |
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Bowsden Terrace |