£148,937
This estimated value is based upon the latest sale price for the house of £26,950 on 7 Jun 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£26,950 | 7 Jun 1996 |
£17,500 | 16 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 41 sq meters or 441 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 1996 the House Price Index for TYNE AND WEAR was 26.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 452.642%.Applying this 452.642% change to the original purchase price of £26,950 results in an estimated price of approximately £148,937.
7 Jun 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 146.7 | 452.642 % | £26,950 | £121,987 | £148,937 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 250.407 % | £67,484 | £94,434 |
3 Month Average | 234.046 % | £63,075 | £90,025 |
6 Month Average | 219.997 % | £59,289 | £86,239 |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 28 Mar 2017.
The average size of a house on FOLLINGSBY DRIVE is 77 sq meters (838 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (441 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Sherburn Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Sherburn Way |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Sherburn Way |
Mar 2024 | Anti-social behaviour | On or near Thropton Close | |
Dec 2023 | Anti-social behaviour | On or near Thropton Close |