£401,666
This estimated value is based upon the latest sale price for the house of £220,000 on 22 May 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£220,000 | 22 May 2009 |
£193,000 | 9 Jul 2003 |
Detached |
Leasehold |
Floor Area: 133 sq meters or 1,431 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 May 2009 the House Price Index for TYNE AND WEAR was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.576%.Applying this 82.576% change to the original purchase price of £220,000 results in an estimated price of approximately £401,666.
22 May 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 146.7 | 82.576 % | £220,000 | £181,666 | £401,666 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 49.871 % | £109,715 | £329,715 |
3 Month Average | 10.297 % | £22,654 | £242,654 |
6 Month Average | 29.402 % | £64,683 | £284,683 |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 25 Jun 2018.
The average size of a house on THORNLEIGH ROAD is 90 sq meters (969 sq feet).
This house is the largest in the street with a floor area of 133 sq meters (1,431 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Thornleigh Road | |
Feb 2024 | Anti-social behaviour | On or near Thornleigh Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near St George'S Mews |
Feb 2024 | Anti-social behaviour | On or near St George'S Mews | |
Feb 2024 | Other theft | Under investigation | On or near St George'S Mews |