£170,759
This estimated value is based upon the latest sale price for the house of £140,000 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £140,000 | 10 Jan 2020 |
| £128,000 | 17 Oct 2016 |
| £107,500 | 31 Jul 2008 |
| £112,357 | 23 May 2008 |
| £30,000 | 2 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £140,000 results in an estimated price of approximately £170,759.
| 10 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £140,000 | £30,759 | £170,759 |
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 | -16.607 % | £-23,249 | £116,750 |
| 3 Month Average | -8.166 % | £-11,432 | £128,567 |
| 6 Month Average | 8.274 % | £11,584 | £151,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £81,202 | £80,000 | 13 ULLSWATER WAY |
| 7 Sep 2023 | £95,724 | £94,500 | 223 SILVER LONNEN |
| 30 Mar 2023 | £124,675 | £123,500 | 64 SLATYFORD LANE |
| 10 Mar 2023 | £80,761 | £80,000 | 32 ULLSWATER WAY |
| 8 Aug 2022 | £109,705 | £110,000 | 37 CRUMMOCK ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 27 Sep 2019. Using an estimated price of £170,760 means this house is valued at £1,399 per sq meter (£130 per sq foot).
The average size of a house on CAROLINE COTTAGES is 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Slatyford Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Slatyford Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Slatyford Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Slatyford Lane |
| Jan 2024 | Anti-social behaviour | On or near Slatyford Lane |