£140,813
This estimated value is based upon the latest sale price for the house of £81,500 on 23 Sep 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£81,500 | 23 Sep 2011 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £81,500 results in an estimated price of approximately £140,813.
23 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.778 % | £81,500 | £59,313 | £140,813 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 7.752 % | £6,317 | £87,817 |
3 Month Average | 15.560 % | £12,681 | £94,181 |
6 Month Average | 27.478 % | £22,394 | £103,894 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £95,724 | £94,500 | 223 SILVER LONNEN |
30 Mar 2023 | £124,675 | £123,500 | 64 SLATYFORD LANE |
17 Mar 2023 | £116,094 | £115,000 | 145 SILVER LONNEN |
10 Mar 2023 | £80,761 | £80,000 | 32 ULLSWATER WAY |
8 Aug 2022 | £109,705 | £110,000 | 37 CRUMMOCK ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 10 Oct 2015. Using an estimated price of £140,814 means this house is valued at £1,902 per sq meter (£176 per sq foot).
The average size of a house on CRUMMOCK ROAD is 85 sq meters (920 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Slatyford Lane |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Slatyford Lane |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Slatyford Lane |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Slatyford Lane |
Jan 2024 | Anti-social behaviour | On or near Slatyford Lane |