£103,118
This estimated value is based upon the latest sale price for the house of £59,500 on 13 Jun 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,500 | 13 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2011 the House Price Index for TYNE AND WEAR was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £59,500 results in an estimated price of approximately £103,118.
| 13 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £59,500 | £43,618 | £103,118 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 9.823 % | £5,844 | £65,344 |
| 3 Month Average | 31.945 % | £19,007 | £78,507 |
| 6 Month Average | 29.218 % | £17,384 | £76,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £192,855 | £190,000 | THE OLD COACH HOUSE, 2 COACH HOUSE COURT |
| 11 Aug 2023 | £157,377 | £156,000 | 31 WINDY NOOK ROAD |
| 23 Jun 2023 | £181,195 | £179,000 | 1 COACH HOUSE COURT |
| 14 Jun 2023 | £184,738 | £182,500 | 7 QUEEN ELIZABETH AVENUE |
| 3 Apr 2023 | £212,286 | £210,000 | 75 QUEEN ELIZABETH AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Mar 2014. Using an estimated price of £103,118 means this house is valued at £1,374 per sq meter (£127 per sq foot).
The average size of a house on HEWSON PLACE is 89 sq meters (965 sq feet).
This house is the largest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hewson Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Coach House Court |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coach House Court |
| Apr 2024 | Public order | Under investigation | On or near Coach House Court |
| Apr 2024 | Anti-social behaviour | On or near Coach House Court |