£165,312
This estimated value is based upon the latest sale price for the house of £124,950 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£124,950 | 30 Sep 2016 |
£110,000 | 29 Jan 2010 |
£55,000 | 13 Sep 2002 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 938 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 September 2016 the House Price Index for TYNE AND WEAR was 111.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.303%.Applying this 32.303% change to the original purchase price of £124,950 results in an estimated price of approximately £165,312.
30 Sep 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.0 | 32.303 % | £124,950 | £40,362 | £165,312 |
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 | -30.787 % | £-38,468 | £86,481 |
3 Month Average | -9.952 % | £-12,434 | £112,515 |
6 Month Average | 13.571 % | £16,957 | £141,907 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £137,603 | £135,000 | 19 WHORLTON PLACE |
1 Dec 2023 | £146,267 | £143,500 | 12 AYTON CLOSE |
12 Jul 2023 | £138,813 | £137,500 | 103 NAWORTH DRIVE |
16 Jun 2023 | £91,744 | £91,000 | 7 BAYBRIDGE ROAD |
27 Jan 2023 | £168,520 | £170,000 | 14 AYTON CLOSE |
This house has a floor area of 87 sq meters or 938 sq feet when measured on 23 Jun 2009. Using an estimated price of £165,312 means this house is valued at £1,895 per sq meter (£176 per sq foot).
The average size of a house on HILLHEAD WAY is 95 sq meters (1,028 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Hillhead Way |
Mar 2024 | Other crime | Under investigation | On or near Whorlton Place |
Mar 2024 | Anti-social behaviour | On or near Whorlton Place | |
Mar 2024 | Anti-social behaviour | On or near Whorlton Place | |
Mar 2024 | Anti-social behaviour | On or near Whorlton Place |