£55,499
This estimated value is based upon the latest sale price for the house of £31,000 on 20 Jan 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £31,000 | 20 Jan 2006 |
| £31,000 | 20 Jan 2006 |
| £28,000 | 3 Jun 2004 |
| £19,950 | 27 Feb 2003 |
| £16,000 | 15 Mar 1996 |
| Flats/Maisonettes |
| Leasehold |
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 January 2006 the House Price Index for TYNE AND WEAR was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.030%.Applying this 79.030% change to the original purchase price of £31,000 results in an estimated price of approximately £55,499.
| 20 Jan 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.030 % | £31,000 | £24,499 | £55,499 |
The Postcode Pricing Model uses changes in average sales price within the NE35 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 | 278.889 % | £86,455 | £117,455 |
| 3 Month Average | 132.065 % | £40,940 | £71,940 |
| 6 Month Average | 135.236 % | £41,923 | £72,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £20,714,327 | £20,351,894 | ASDA STORES LTD NORTH ROAD |
| 8 Sep 2023 | £76,984 | £76,000 | 39 ARNOLD STREET |
| 7 Sep 2023 | £172,202 | £170,000 | 19 OSWALD CLOSE |
| 28 Apr 2023 | £88,958 | £88,000 | 18 NORTH ROAD |
| 21 Apr 2023 | £55,599 | £55,000 | 97 ARNOLD STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near North Road |
| Apr 2024 | Shoplifting | Under investigation | On or near North Road |
| Apr 2024 | Shoplifting | Under investigation | On or near North Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near North Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near North Road |