£181,647
This estimated value is based upon the latest sale price for the house of £184,000 on 16 Feb 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£184,000 | 16 Feb 2023 |
£138,500 | 8 Jun 2007 |
£118,000 | 14 Jan 2005 |
£16,500 | 14 Jul 2000 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 February 2023 the House Price Index for TYNE AND WEAR was 148.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.279%.Applying this -1.279% change to the original purchase price of £184,000 results in an estimated price of approximately £181,647.
16 Feb 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.6 | 146.7 | -1.279 % | £184,000 | £-2,352 | £181,647 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -22.760 % | £-41,878 | £142,121 |
3 Month Average | -18.554 % | £-34,138 | £149,861 |
6 Month Average | -22.287 % | £-41,007 | £142,992 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 16 Apr 2014.
There is one other house on the street which we know the size of, this is 10 ADDERSTONE GARDENS it is 73.0
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Warenton Place |
Dec 2023 | Other theft | Under investigation | On or near Locksley Close |
Feb 2024 | Other crime | Under investigation | On or near Mafeking Place |
Jan 2024 | Vehicle crime | Under investigation | On or near Forsyth Street |