£99,674
This estimated value is based upon the latest sale price for the house of £81,250 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£81,250 | 18 Dec 2019 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 December 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £81,250 results in an estimated price of approximately £99,674.
18 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £81,250 | £18,424 | £99,674 |
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 | -12.810 % | £-10,407 | £70,842 |
3 Month Average | -4.137 % | £-3,361 | £77,888 |
6 Month Average | 5.699 % | £4,630 | £85,880 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £96,692 | £95,000 | 12 CASTLE CLOSE |
23 Jun 2023 | £111,349 | £110,000 | 7 BRODRICK CLOSE |
15 Jun 2023 | £141,717 | £140,000 | 10 BRODRICK CLOSE |
18 Apr 2023 | £85,925 | £85,000 | 92 HAZELDENE AVENUE |
17 Mar 2023 | £85,808 | £85,000 | 22 BELLINGHAM COURT |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 14 Oct 2019. Using an estimated price of £99,675 means this house is valued at £949 per sq meter (£88 per sq foot).
The average size of a house on BODLEY CLOSE is 152 sq meters (1,639 sq feet).
This house is the smallest in the street with a floor area of 105 sq meters (1,130 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bodley Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bodley Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bodley Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Brodrick Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Brodrick Close |