£128,750
This estimated value is based upon the latest sale price for the house of £120,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£120,000 | 30 Jun 2021 |
£91,010 | 24 Nov 2003 |
£42,000 | 4 Apr 2000 |
£40,975 | 10 Feb 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 528 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 2021 the House Price Index for TYNE AND WEAR was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £120,000 results in an estimated price of approximately £128,750.
30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £120,000 | £8,750 | £128,750 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 0.250 % | £299 | £120,299 |
3 Month Average | -12.719 % | £-15,262 | £104,737 |
6 Month Average | -8.890 % | £-10,667 | £109,332 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £403,530 | £400,000 | 45 MARINERS LANE |
28 Jul 2023 | £145,965 | £144,000 | 63 HAZELDENE COURT |
7 Jul 2023 | £177,894 | £175,500 | 48 HAZELDENE COURT |
27 Jun 2023 | £130,076 | £128,500 | 65 HAZELDENE COURT |
19 Jan 2023 | £179,156 | £180,000 | 52 HAZELDENE COURT |
This house has a floor area of 49 sq meters or 528 sq feet when measured on 21 Jan 2011. Using an estimated price of £128,751 means this house is valued at £2,620 per sq meter (£243 per sq foot).
The average size of a house on HAZELDENE COURT is 56 sq meters (611 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Hazeldene Court |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hazeldene Court |
Mar 2024 | Anti-social behaviour | On or near Hazeldene Court | |
Feb 2024 | Anti-social behaviour | On or near Hazeldene Court | |
Feb 2024 | Anti-social behaviour | On or near Hazeldene Court |