£194,695
This estimated value is based upon the latest sale price for the house of £185,000 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Rookwood Road
More crime details
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Price Paid | Date |
---|---|
£185,000 | 14 Jan 2022 |
£176,000 | 17 Sep 2004 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 January 2022 the House Price Index for TYNE AND WEAR was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £185,000 results in an estimated price of approximately £194,695.
14 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £185,000 | £9,695 | £194,695 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -10.337 % | £-19,122 | £165,877 |
3 Month Average | -4.678 % | £-8,654 | £176,345 |
6 Month Average | 0.990 % | £1,831 | £186,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £131,774 | £130,000 | 41 ASHLEIGH ROAD |
30 Jun 2023 | £167,023 | £165,000 | 5 ROOKWOOD ROAD |
24 Feb 2023 | £121,918 | £122,000 | 37 HAYDON PLACE |
17 Feb 2023 | £69,953 | £70,000 | 15 TIRRIL PLACE |
10 Feb 2023 | £219,852 | £220,000 | 27 ASHLEIGH ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 24 May 2021. Using an estimated price of £194,695 means this house is valued at £2,345 per sq meter (£217 per sq foot).
The average size of a house on ROOKWOOD ROAD is 86 sq meters (933 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rookwood Road |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rookwood Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Haydon Place |
Jan 2024 | Burglary | Under investigation | On or near Haydon Place |
Dec 2023 | Anti-social behaviour | On or near Haydon Place |