£308,077
This estimated value is based upon the latest sale price for the house of £250,000 on 19 Oct 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 |
---|---|
£250,000 | 19 Oct 2018 |
Detached |
Freehold |
Floor Area: 278 sq meters or 2,992 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 October 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £250,000 results in an estimated price of approximately £308,077.
19 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £250,000 | £58,077 | £308,077 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 2.739 % | £6,846 | £256,846 |
3 Month Average | 13.023 % | £32,556 | £282,556 |
6 Month Average | 13.917 % | £34,792 | £284,792 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £142,104 | £140,000 | 233 STANHOPE ROAD |
17 Nov 2023 | £86,277 | £85,000 | 28 ASHLEY ROAD |
7 Sep 2023 | £144,346 | £142,500 | 227 STANHOPE ROAD |
25 Aug 2023 | £181,589 | £180,000 | 187 STANHOPE ROAD |
30 Jun 2023 | £93,128 | £92,000 | 52 ASHLEY ROAD |
This house has a floor area of 278 sq meters or 2,992 sq feet when measured on 4 Mar 2016. Using an estimated price of £308,077 means this house is valued at £1,108 per sq meter (£102 per sq foot).
The average size of a house on ASHLEY ROAD is 88 sq meters (947 sq feet).
This house is the largest in the street with a floor area of 278 sq meters (2,992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Stanhope Road |
Mar 2024 | Public order | Under investigation | On or near Stanhope Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanhope Road |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Stanhope Road |
Mar 2024 | Possession of weapons | Under investigation | On or near Stanhope Road |