£580,230
This estimated value is based upon the latest sale price for the house of £392,000 on 24 Apr 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Gordon Square
More crime details
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| Price Paid | Date |
|---|---|
| £392,000 | 24 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 177 sq meters or 1,905 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 April 2015 the House Price Index for TYNE AND WEAR was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £392,000 results in an estimated price of approximately £580,230.
| 24 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £392,000 | £188,230 | £580,230 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 7.745 % | £30,358 | £422,358 |
| 3 Month Average | 23.077 % | £90,462 | £482,462 |
| 6 Month Average | 46.623 % | £182,761 | £574,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £261,518 | £257,500 | 6 GORDON TERRACE |
| 12 Oct 2023 | £327,437 | £320,000 | 14 EDWARDS ROAD |
| 19 Jun 2023 | £688,804 | £675,000 | 6A ROCKCLIFFE |
| 28 Feb 2023 | £493,295 | £490,000 | 6 HIGH POINT VIEW PROMENADE |
| 13 Feb 2023 | £412,757 | £410,000 | 21 DELAVAL ROAD |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 23 Jan 2016. Using an estimated price of £580,231 means this house is valued at £3,278 per sq meter (£304 per sq foot).
The average size of a house on GORDON SQUARE is 215 sq meters (2,321 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Gordon Square |
| May 2024 | Burglary | Under investigation | On or near Gordon Square |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Edwards Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rockcliffe Street |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Rockcliffe Street |