£431,574
This estimated value is based upon the latest sale price for the house of £400,499 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£400,499 | 28 Sep 2021 |
£240,000 | 9 Apr 2009 |
£158,300 | 5 Jul 2002 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,345 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £400,499 results in an estimated price of approximately £431,574.
28 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £400,499 | £31,075 | £431,574 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 13.694 % | £54,844 | £455,343 |
3 Month Average | -3.240 % | £-12,974 | £387,524 |
6 Month Average | -5.504 % | £-22,043 | £378,455 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £374,808 | £368,250 | 61 ALWINTON TERRACE |
22 Sep 2023 | £420,375 | £415,000 | 16 ROTHWELL ROAD |
2 Jun 2023 | £506,131 | £500,000 | 23 ROTHWELL ROAD |
6 Apr 2023 | £389,190 | £385,000 | 70 ROTHWELL ROAD |
7 Sep 2022 | £297,597 | £300,000 | 15 ROTHWELL ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 29 Jun 2021. Using an estimated price of £431,575 means this house is valued at £3,452 per sq meter (£320 per sq foot).
The average size of a house on ALWINTON TERRACE is 149 sq meters (1,608 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spital Terrace |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rothwell Road |
Dec 2023 | Anti-social behaviour | On or near Alwinton Terrace | |
Dec 2023 | Anti-social behaviour | On or near Alwinton Terrace | |
Dec 2023 | Anti-social behaviour | On or near Alwinton Terrace |