£492,957
This estimated value is based upon the latest sale price for the house of £399,950 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£399,950 | 14 Feb 2020 |
£390,000 | 30 Oct 2003 |
Semi-Detached |
Freehold |
Floor Area: 207 sq meters or 2,228 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £399,950 results in an estimated price of approximately £492,957.
14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £399,950 | £93,007 | £492,957 |
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 | 20.801 % | £83,192 | £483,142 |
3 Month Average | 20.754 % | £83,005 | £482,955 |
6 Month Average | 8.646 % | £34,579 | £434,529 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £487,062 | £476,000 | 29 NETHERWITTON WAY |
2 Jun 2023 | £290,828 | £285,000 | 65 NETHERWITTON WAY |
19 Jan 2023 | £290,777 | £290,000 | 19 BRACKENPETH MEWS |
24 Jun 2022 | £454,720 | £445,000 | 17 BRACKENPETH MEWS |
9 Jun 2022 | £480,266 | £470,000 | 14 NETHERWITTON WAY |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 24 Feb 2016. Using an estimated price of £492,957 means this house is valued at £2,381 per sq meter (£221 per sq foot).
The average size of a house on NETHERWITTON WAY is 160 sq meters (1,727 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Branckenpeth Mews | |
May 2024 | Anti-social behaviour | On or near Dally Mews | |
May 2024 | Anti-social behaviour | On or near Dally Mews | |
May 2024 | Anti-social behaviour | On or near Dally Mews | |
Jul 2024 | Anti-social behaviour | On or near East Brunton Wynd |