£172,938
This estimated value is based upon the latest sale price for the house of £160,000 on 11 Jun 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£160,000 | 11 Jun 2021 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 June 2021 the House Price Index for TYNE AND WEAR was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £160,000 results in an estimated price of approximately £172,938.
11 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £160,000 | £12,938 | £172,938 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 10.634 % | £17,013 | £177,013 |
3 Month Average | 24.116 % | £38,585 | £198,585 |
6 Month Average | 11.704 % | £18,725 | £178,725 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £174,428 | £170,000 | 27 BELLSHIEL GROVE |
30 Oct 2023 | £232,787 | £227,500 | 30 CHESTER PIKE |
23 Aug 2023 | £218,898 | £214,950 | 46 BELLSHIEL GROVE |
18 Aug 2023 | £156,319 | £153,500 | 235 ARMSTRONG ROAD |
11 Aug 2022 | £216,010 | £215,000 | 50 BELLSHIEL GROVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Mar 2020. Using an estimated price of £172,939 means this house is valued at £1,921 per sq meter (£178 per sq foot).
The average size of a house on CHESTER PIKE is 97 sq meters (1,044 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Bellshiel Grove | |
Jun 2024 | Anti-social behaviour | On or near Bellshiel Grove | |
Jun 2024 | Anti-social behaviour | On or near Bellshiel Grove | |
Jun 2024 | Anti-social behaviour | On or near Bellshiel Grove | |
Jun 2024 | Anti-social behaviour | On or near Bellshiel Grove |