£141,651
This estimated value is based upon the latest sale price for the house of £114,950 on 4 Apr 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£114,950 | 4 Apr 2018 |
£114,000 | 15 Jul 2011 |
£118,995 | 14 Dec 2007 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 697 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 April 2018 the House Price Index for TYNE AND WEAR was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £114,950 results in an estimated price of approximately £141,651.
4 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 146.7 | 23.229 % | £114,950 | £26,701 | £141,651 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 62.761 % | £72,144 | £187,094 |
3 Month Average | 31.897 % | £36,665 | £151,615 |
6 Month Average | 23.237 % | £26,710 | £141,660 |
This house has a floor area of 64 sq meters or 697 sq feet when measured on 16 Jun 2010.
The average size of a house on SIMONSIDE ROAD is 74 sq meters (800 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Simonside Road | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Simonside Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Springfield Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkside Avenue |