£235,254
This estimated value is based upon the latest sale price for the house of £72,000 on 12 Oct 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£72,000 | 12 Oct 2001 |
£46,200 | 19 Oct 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 594 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 October 2001 the House Price Index for TYNE AND WEAR was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £72,000 results in an estimated price of approximately £235,254.
12 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.8 | 149.7 | 226.742 % | £72,000 | £163,254 | £235,254 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 335.572 % | £241,612 | £313,612 |
3 Month Average | 173.245 % | £124,736 | £196,736 |
6 Month Average | 163.433 % | £117,671 | £189,671 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £162,497 | £160,000 | 2A HUNTERS PLACE |
14 Sep 2023 | £138,043 | £135,000 | 38 BELLE GROVE WEST |
21 Apr 2023 | £315,909 | £310,000 | 3 NEW VILLAS |
6 Apr 2023 | £149,038 | £146,250 | 54 ANCRUM STREET |
23 Mar 2023 | £254,246 | £250,000 | 63 ANCRUM STREET |
This house has a floor area of 55 sq meters or 594 sq feet when measured on 16 Dec 2009. Using an estimated price of £235,254 means this house is valued at £4,261 per sq meter (£395 per sq foot).
The average size of a house on HUNTERS PLACE is 61 sq meters (664 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hunter'S Place |
Jun 2024 | Anti-social behaviour | On or near Dunn'S Terrace | |
Jun 2024 | Anti-social behaviour | On or near Dunn'S Terrace | |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dunn'S Terrace |
May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ancrum Street |