£67,951
This estimated value is based upon the latest sale price for the house of £55,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£55,000 | 28 Jun 2019 |
£59,000 | 18 Jun 2004 |
£51,000 | 22 Jan 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £55,000 results in an estimated price of approximately £67,951.
28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £55,000 | £12,951 | £67,951 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -22.988 % | £-12,643 | £42,356 |
3 Month Average | 2.346 % | £1,290 | £56,290 |
6 Month Average | 12.846 % | £7,065 | £62,065 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £111,653 | £110,000 | 103B BOLDON LANE |
23 Aug 2023 | £95,838 | £95,000 | 142 BOLDON LANE |
20 Jul 2023 | £54,230 | £53,500 | 29 ETHEL TERRACE |
27 Oct 2022 | £41,429 | £41,875 | 35 ETHEL TERRACE |
15 Jun 2022 | £91,290 | £90,000 | 27 PRIMROSE AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 6 Dec 2021. Using an estimated price of £67,952 means this house is valued at £1,096 per sq meter (£101 per sq foot).
The average size of a house on ETHEL TERRACE is 73 sq meters (794 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Ethel Terrace | |
Feb 2024 | Anti-social behaviour | On or near Ethel Terrace | |
Feb 2024 | Anti-social behaviour | On or near Ethel Terrace | |
Jan 2024 | Anti-social behaviour | On or near Ethel Terrace | |
Jan 2024 | Anti-social behaviour | On or near Ethel Terrace |