£328,639
This estimated value is based upon the latest sale price for the house of £165,000 on 30 Jun 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£165,000 | 30 Jun 2004 |
Terraced |
Freehold |
Floor Area: 132 sq meters or 1,420 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 June 2004 the House Price Index for TYNE AND WEAR was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £165,000 results in an estimated price of approximately £328,639.
30 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
75.2 | 149.7 | 99.175 % | £165,000 | £163,639 | £328,639 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 8.196 % | £13,524 | £178,524 |
3 Month Average | 55.200 % | £91,079 | £256,079 |
6 Month Average | 72.140 % | £119,030 | £284,030 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Apr 2024 | £273,374 | £271,000 | 15 FALMOUTH ROAD |
14 Aug 2023 | £245,427 | £241,000 | 13 FALMOUTH ROAD |
4 Aug 2023 | £295,327 | £290,000 | 7 FALMOUTH ROAD |
25 Apr 2023 | £244,575 | £240,000 | 69 FALMOUTH ROAD |
14 Feb 2023 | £271,916 | £270,100 | 35 FALMOUTH ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 5 Mar 2018. Using an estimated price of £328,639 means this house is valued at £2,489 per sq meter (£231 per sq foot).
The average size of a house on CARDIGAN TERRACE is 134 sq meters (1,444 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wandsworth Road |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Wandsworth Road |