£204,872
This estimated value is based upon the latest sale price for the house of £166,080 on 10 Dec 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 |
---|---|
£166,080 | 10 Dec 2018 |
£145,000 | 18 Nov 2016 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 December 2018 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £166,080 results in an estimated price of approximately £204,872.
10 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.358 % | £166,080 | £38,792 | £204,872 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 73.336 % | £121,796 | £287,876 |
3 Month Average | 25.513 % | £42,371 | £208,451 |
6 Month Average | 18.523 % | £30,762 | £196,842 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £210,000 | £210,000 | 26 THE MEADOWS |
5 Sep 2023 | £224,875 | £222,000 | 11 HOLBURN LANE |
28 Apr 2023 | £207,231 | £205,000 | 10 HOLBURN WAY |
17 Apr 2023 | £249,688 | £247,000 | 3 HOLBURN WAY |
4 Nov 2022 | £195,630 | £198,000 | 4 MEADOW CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 15 Jul 2016. Using an estimated price of £204,873 means this house is valued at £3,251 per sq meter (£302 per sq foot).
The average size of a house on THE MEADOWS is 75 sq meters (816 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Under investigation | On or near B6317 |
Dec 2023 | Violence and sexual offences | Under investigation | On or near B6317 |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near B6317 |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Holburn Way |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Holburn Way |