£416
This estimated value is based upon the latest sale price for the house of £360 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Colegate West
More crime details
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Price Paid | Date |
---|---|
£360 | 16 Oct 2020 |
Freehold |
Floor Area: 120 sq meters or 1,291 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 15.808%.Applying this 15.808% change to the original purchase price of £360 results in an estimated price of approximately £416.
16 Oct 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 146.7 | 15.808 % | £360 | £56 | £416 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 27.351 % | £98 | £458 |
3 Month Average | 10.587 % | £38 | £398 |
6 Month Average | 1.679 % | £6 | £366 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 22 Oct 2018.
The average size of a house on COLEGATE WEST is 115 sq meters (1,239 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Colegate West | |
Mar 2024 | Anti-social behaviour | On or near Colegate West | |
Mar 2024 | Anti-social behaviour | On or near Colegate West | |
Mar 2024 | Burglary | Under investigation | On or near Colegate West |
Mar 2024 | Burglary | Under investigation | On or near Colegate West |