£139,804
This estimated value is based upon the latest sale price for the house of £112,000 on 27 Apr 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £112,000 | 27 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 April 2018 the House Price Index for TYNE AND WEAR was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £112,000 results in an estimated price of approximately £139,804.
| 27 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £112,000 | £27,804 | £139,804 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 40.138 % | £44,954 | £156,954 |
| 3 Month Average | 19.466 % | £21,801 | £133,801 |
| 6 Month Average | 20.717 % | £23,203 | £135,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £162,067 | £159,995 | 49A HURSTWOOD ROAD |
| 10 Feb 2023 | £169,886 | £170,000 | 2 PENDLE GREEN |
| 12 Sep 2022 | £109,615 | £110,500 | 66 HURSTWOOD ROAD |
| 22 Apr 2022 | £144,172 | £140,000 | 54 HURSTWOOD ROAD |
| 14 Jan 2022 | £94,717 | £90,000 | 30 HURSTWOOD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 Jan 2018. Using an estimated price of £139,804 means this house is valued at £1,588 per sq meter (£147 per sq foot).
The average size of a house on NESBURN ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nesburn Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Nesburn Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nesburn Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Nesburn Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nesburn Road |