£426,675
This estimated value is based upon the latest sale price for the house of £285,000 on 17 Oct 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Holburn Lane Court
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Price Paid | Date |
---|---|
£285,000 | 17 Oct 2014 |
£195,000 | 28 Aug 2003 |
£150,000 | 3 Jul 2002 |
£89,000 | 20 Aug 1996 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 2014 the House Price Index for TYNE AND WEAR was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £285,000 results in an estimated price of approximately £426,675.
17 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £285,000 | £141,675 | £426,675 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 71.063 % | £202,528 | £487,528 |
3 Month Average | 35.947 % | £102,449 | £387,449 |
6 Month Average | 28.072 % | £80,004 | £365,004 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £181,589 | £180,000 | 8 HOLBURN WAY |
28 Apr 2023 | £207,231 | £205,000 | 10 HOLBURN WAY |
17 Apr 2023 | £249,688 | £247,000 | 3 HOLBURN WAY |
3 Mar 2023 | £186,760 | £185,000 | 17 DENE CLOSE |
10 Feb 2023 | £229,845 | £230,000 | 59 DENE CRESCENT |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 4 Mar 2014. Using an estimated price of £426,675 means this house is valued at £3,440 per sq meter (£319 per sq foot).
The average size of a house on DENE CRESCENT is 84 sq meters (914 sq feet).
This house is the largest in the street with a floor area of 124 sq meters (1,334 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Holburn Lane Court | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Holburn Lane Court |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Holburn Lane Court |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Holburn Way |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Holburn Way |