£239,741
This estimated value is based upon the latest sale price for the house of £181,833 on 8 Jun 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £181,833 | 8 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2016 the House Price Index for TYNE AND WEAR was 111.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.847%.Applying this 31.847% change to the original purchase price of £181,833 results in an estimated price of approximately £239,741.
| 8 Jun 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 146.7 | 31.847 % | £181,833 | £57,908 | £239,741 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 6.547 % | £11,905 | £193,738 |
| 3 Month Average | -0.594 % | £-1,080 | £180,752 |
| 6 Month Average | 6.939 % | £12,616 | £194,449 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 21 Jan 2014.
The average size of a house on HEATHFIELD ROAD is 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Joicey Road |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Joicey Road |
| Mar 2024 | Anti-social behaviour | On or near Beaconsfield Road | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Beaconsfield Road |
| Feb 2024 | Drugs | Under investigation | On or near Beaconsfield Road |