£255,714
This estimated value is based upon the latest sale price for the house of £203,750 on 31 Jan 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£203,750 | 31 Jan 2018 |
£152,560 | 3 Jul 2014 |
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 January 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £203,750 results in an estimated price of approximately £255,714.
31 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.6 | 25.504 % | £203,750 | £51,964 | £255,714 |
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 | 8.180 % | £16,666 | £220,416 |
3 Month Average | 1.971 % | £4,016 | £207,766 |
6 Month Average | 19.968 % | £40,684 | £244,434 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £201,765 | £200,000 | 32 KINGSLEY PLACE |
30 Aug 2023 | £201,765 | £200,000 | 30 KINGSLEY PLACE |
26 Jun 2023 | £260,151 | £257,000 | 18 WANDSWORTH ROAD |
31 Mar 2023 | £153,950 | £152,500 | 106 HEATON PARK ROAD |
1 Feb 2022 | £330,339 | £315,000 | 15 EVERSLEY PLACE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Sep 2021. Using an estimated price of £255,715 means this house is valued at £3,455 per sq meter (£321 per sq foot).
The average size of a house on WANDSWORTH ROAD is 100 sq meters (1,077 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wandsworth Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wandsworth Road |