£145,901
This estimated value is based upon the latest sale price for the house of £44,000 on 23 Aug 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£44,000 | 23 Aug 2001 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 2001 the House Price Index for TYNE AND WEAR was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £44,000 results in an estimated price of approximately £145,901.
23 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.8 | 148.6 | 231.594 % | £44,000 | £101,901 | £145,901 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 210.155 % | £92,468 | £136,468 |
3 Month Average | 148.832 % | £65,485 | £109,485 |
6 Month Average | 153.461 % | £67,522 | £111,522 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2022 | £97,815 | £99,000 | 8 HAWKESLEY ROAD |
6 May 2022 | £117,209 | £115,000 | 10 HAMPSTEAD SQUARE |
8 Apr 2022 | £154,418 | £149,950 | 7 HEVINGHAM CLOSE |
18 Mar 2022 | £106,735 | £103,000 | 20 HARTSIDE ROAD |
28 Jan 2022 | £126,236 | £119,950 | 16 HEVINGHAM CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 13 Jun 2013. Using an estimated price of £145,901 means this house is valued at £1,823 per sq meter (£169 per sq foot).
There is one other house on the street which we know the size of, this is 12 HOWE SQUARE it is 82.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Howe Square |
Feb 2024 | Anti-social behaviour | On or near Howe Square | |
Feb 2024 | Anti-social behaviour | On or near Howe Square | |
Feb 2024 | Other crime | Under investigation | On or near Howe Square |
Feb 2024 | Anti-social behaviour | On or near Howe Square |