£99,855
This estimated value is based upon the latest sale price for the house of £75,000 on 19 Aug 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 |
---|---|
£75,000 | 19 Aug 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 August 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £75,000 results in an estimated price of approximately £99,855.
19 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £75,000 | £24,855 | £99,855 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -32.311 % | £-24,233 | £50,766 |
3 Month Average | -16.006 % | £-12,004 | £62,995 |
6 Month Average | 16.282 % | £12,211 | £87,211 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £231,042 | £227,000 | 47 ROSEBERY AVENUE |
30 Nov 2023 | £380,635 | £375,000 | NORMAN HURST WESTOE VILLAGE |
13 Apr 2023 | £211,275 | £209,000 | 4 CHAPEL HOUSE WESTOE VILLAGE |
1 Jul 2022 | £185,499 | £185,000 | 37 ROSEBERY AVENUE |
25 Mar 2022 | £69,430 | £67,000 | 9 CATHERINE COOKSON COURT |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 27 Apr 2015. Using an estimated price of £99,856 means this house is valued at £1,884 per sq meter (£175 per sq foot).
The average size of a house on CATHERINE COOKSON COURT is 60 sq meters (655 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other crime | Under investigation | On or near Horsley Hill Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Horsley Hill Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westoe Avenue |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westoe Avenue |
Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Westoe Avenue |