£314,201
This estimated value is based upon the latest sale price for the house of £237,000 on 20 May 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £237,000 | 20 May 2016 |
| £131,000 | 6 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 222 sq meters or 2,389 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 May 2016 the House Price Index for TYNE AND WEAR was 110.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 32.574%.Applying this 32.574% change to the original purchase price of £237,000 results in an estimated price of approximately £314,201.
| 20 May 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 146.7 | 32.574 % | £237,000 | £77,201 | £314,201 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -30.838 % | £-73,086 | £163,913 |
| 3 Month Average | -2.391 % | £-5,667 | £231,332 |
| 6 Month Average | 17.204 % | £40,773 | £277,773 |
This house has a floor area of 222 sq meters or 2,389 sq feet when measured on 17 Feb 2016.
The average size of a house on HORSLEY HILL ROAD is 122 sq meters (1,317 sq feet).
This house is the largest in the street with a floor area of 222 sq meters (2,389 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Horsley Hill Road |
| Feb 2024 | Other crime | Under investigation | On or near Horsley Hill Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westoe Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westoe Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westoe Avenue |