£269,379
This estimated value is based upon the latest sale price for the house of £206,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£206,000 | 28 Oct 2016 |
£160,000 | 1 Sep 2005 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 2016 the House Price Index for TYNE AND WEAR was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £206,000 results in an estimated price of approximately £269,379.
28 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 146.7 | 30.767 % | £206,000 | £63,379 | £269,379 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -3.676 % | £-7,573 | £198,426 |
3 Month Average | 8.903 % | £18,340 | £224,340 |
6 Month Average | 17.489 % | £36,026 | £242,026 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 18 Mar 2016.
The average size of a house on EASTFIELD ROAD is 91 sq meters (985 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Southfield Road |
Mar 2024 | Drugs | Under investigation | On or near Manorfields |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastfield Terrace |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Whitfield Drive |
Mar 2024 | Vehicle crime | Under investigation | On or near Whitfield Drive |