£158,239
This estimated value is based upon the latest sale price for the house of £87,950 on 21 Oct 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Pensher View
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Price Paid | Date |
---|---|
£87,950 | 21 Oct 2005 |
£69,000 | 14 May 2004 |
£41,000 | 21 Dec 2001 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2005 the House Price Index for TYNE AND WEAR was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.920%.Applying this 79.920% change to the original purchase price of £87,950 results in an estimated price of approximately £158,239.
21 Oct 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 146.7 | 79.920 % | £87,950 | £70,289 | £158,239 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -7.345 % | £-6,459 | £81,490 |
3 Month Average | -34.695 % | £-30,514 | £57,435 |
6 Month Average | 2.932 % | £2,579 | £90,529 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Nov 2012.
The average size of a house on PENSHER VIEW is 96 sq meters (1,036 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Pensher View |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Pensher View |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Pensher View |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Pensher View |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Pensher View |