£74,862
This estimated value is based upon the latest sale price for the house of £50,000 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£50,000 | 28 Nov 2014 |
£64,950 | 5 Nov 2004 |
£34,950 | 20 Sep 2002 |
£28,500 | 6 Mar 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 November 2014 the House Price Index for TYNE AND WEAR was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £50,000 results in an estimated price of approximately £74,862.
28 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £50,000 | £24,862 | £74,862 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 42.573 % | £21,286 | £71,286 |
3 Month Average | 30.351 % | £15,175 | £65,175 |
6 Month Average | 22.380 % | £11,190 | £61,190 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £52,673 | £52,000 | 17 AYDON HOUSE |
22 Sep 2023 | £64,322 | £63,500 | 12 BELSAY HOUSE CASTLE GREEN |
28 Apr 2023 | £46,501 | £46,000 | 56 BEDE HOUSE CASTLE GREEN |
15 Mar 2023 | £42,399 | £42,000 | 7 AYDON HOUSE |
14 Feb 2023 | £33,977 | £34,000 | 46 BEDE HOUSE CASTLE GREEN |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 7 Aug 2014. Using an estimated price of £74,862 means this house is valued at £1,627 per sq meter (£151 per sq foot).
The average size of a house on CASTLE GREEN is 61 sq meters (659 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ashwell Road |
Jan 2024 | Anti-social behaviour | On or near Ashwell Road | |
Jan 2024 | Anti-social behaviour | On or near Ashwell Road | |
Jan 2024 | Anti-social behaviour | On or near Ashwell Road | |
Feb 2024 | Anti-social behaviour | On or near Castle Mews |