£353,904
This estimated value is based upon the latest sale price for the house of £179,000 on 14 Jun 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £179,000 | 14 Jun 2004 |
| £96,250 | 28 Mar 2002 |
| £59,950 | 27 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2004 the House Price Index for TYNE AND WEAR was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £179,000 results in an estimated price of approximately £353,904.
| 14 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £179,000 | £174,904 | £353,904 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 50.508 % | £90,409 | £269,409 |
| 3 Month Average | 32.219 % | £57,671 | £236,671 |
| 6 Month Average | 72.016 % | £128,909 | £307,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £492,294 | £486,000 | 10 HEATON PARK VIEW |
| 30 Aug 2023 | £201,765 | £200,000 | 32 KINGSLEY PLACE |
| 30 Aug 2023 | £201,765 | £200,000 | 30 KINGSLEY PLACE |
| 25 Aug 2023 | £151,324 | £150,000 | 59 MOWBRAY STREET |
| 22 Aug 2023 | £211,853 | £210,000 | 143 HEATON PARK ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 29 Oct 2018. Using an estimated price of £353,904 means this house is valued at £2,641 per sq meter (£245 per sq foot).
The average size of a house on HEATON PARK ROAD is 118 sq meters (1,278 sq feet).