£229,479
This estimated value is based upon the latest sale price for the house of £180,000 on 17 Jul 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£180,000 | 17 Jul 2017 |
£98,157 | 22 Nov 2016 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 July 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £180,000 results in an estimated price of approximately £229,479.
17 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £180,000 | £49,479 | £229,479 |
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 | 36.665 % | £65,997 | £245,997 |
3 Month Average | 14.005 % | £25,208 | £205,208 |
6 Month Average | 17.569 % | £31,624 | £211,624 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £131,147 | £130,000 | 23 NORTH VIEW |
28 Jul 2023 | £84,639 | £83,500 | 41 FAIRFIELDS |
12 Jun 2023 | £151,839 | £150,000 | 17 NORTH VIEW |
28 Apr 2023 | £874,415 | £865,000 | THE OLD HALL MAIN ROAD |
28 Apr 2023 | £122,317 | £121,000 | 24 REASBY GARDENS |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 18 Aug 2016. Using an estimated price of £229,480 means this house is valued at £2,048 per sq meter (£190 per sq foot).
The average size of a house on SEYMOUR TERRACE is 158 sq meters (1,708 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reasby Gardens |
Mar 2024 | Vehicle crime | Under investigation | On or near Reasby Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Reasby Gardens |
Feb 2024 | Public order | Awaiting court outcome | On or near Reasby Gardens |
Feb 2024 | Anti-social behaviour | On or near Reasby Gardens |