£472,957
This estimated value is based upon the latest sale price for the house of £282,500 on 25 Jun 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£282,500 | 25 Jun 2010 |
£235,000 | 21 Sep 2007 |
Semi-Detached |
Freehold |
Floor Area: 142 sq meters or 1,537 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 2010 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.419%.Applying this 67.419% change to the original purchase price of £282,500 results in an estimated price of approximately £472,957.
25 Jun 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 146.7 | 67.419 % | £282,500 | £190,457 | £472,957 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 56.283 % | £158,998 | £441,498 |
3 Month Average | 55.897 % | £157,908 | £440,408 |
6 Month Average | 52.378 % | £147,967 | £430,467 |
This house has a floor area of 142 sq meters or 1,537 sq feet when measured on 29 Jan 2010.
The average size of a house on ROSS WAY is 123 sq meters (1,325 sq feet).
This house is the largest in the street with a floor area of 142 sq meters (1,537 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Rothley Way | |
Dec 2023 | Vehicle crime | Under investigation | On or near Rothley Way |
Jan 2024 | Anti-social behaviour | On or near Cragside | |
Jan 2024 | Anti-social behaviour | On or near Cragside | |
Jan 2024 | Anti-social behaviour | On or near Cragside |