£276,108
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Jan 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£220,000 | 15 Jan 2018 |
£75,000 | 25 Jul 2000 |
Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £220,000 results in an estimated price of approximately £276,108.
15 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.6 | 25.504 % | £220,000 | £56,108 | £276,108 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | -9.994 % | £-21,985 | £198,014 |
3 Month Average | -8.456 % | £-18,603 | £201,396 |
6 Month Average | 32.389 % | £71,254 | £291,254 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £203,562 | £200,000 | 15 THORNHILL CLOSE |
28 Jul 2023 | £284,834 | £281,000 | 26 APPLETON CLOSE |
21 Jul 2023 | £228,070 | £225,000 | 22 HORSLEY GARDENS |
7 Jul 2023 | £214,892 | £212,000 | 10 HORSLEY GARDENS |
30 Jun 2023 | £161,962 | £160,000 | 3 THORNHILL CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Jul 2015. Using an estimated price of £276,109 means this house is valued at £3,451 per sq meter (£320 per sq foot).
The average size of a house on APPLETON CLOSE is 77 sq meters (834 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Appleton Close | |
Mar 2024 | Anti-social behaviour | On or near Thornhill Close | |
Feb 2024 | Public order | Under investigation | On or near Thornhill Close |
Feb 2024 | Anti-social behaviour | On or near Thornhill Close | |
Feb 2024 | Anti-social behaviour | On or near Thornhill Close |