£137,588
This estimated value is based upon the latest sale price for the house of £119,000 on 18 Dec 2020. 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 Heaton Terrace
More crime details
Get our free house price tracker.
Price Paid | Date |
---|---|
£119,000 | 18 Dec 2020 |
£114,000 | 12 Dec 2014 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £119,000 results in an estimated price of approximately £137,588.
18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £119,000 | £18,588 | £137,588 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -21.311 % | £-25,360 | £93,639 |
3 Month Average | 13.682 % | £16,281 | £135,281 |
6 Month Average | 17.725 % | £21,093 | £140,093 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £185,343 | £182,000 | 20 DELAVAL AVENUE |
13 Jun 2023 | £178,579 | £175,000 | 12 DELAVAL AVENUE |
14 Feb 2023 | £67,451 | £67,000 | 84 BALKWELL GREEN |
13 Feb 2023 | £174,163 | £173,000 | 6 VERNE ROAD |
3 Jan 2023 | £230,616 | £230,000 | 23 ADDINGTON CRESCENT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Sep 2013. Using an estimated price of £137,589 means this house is valued at £1,910 per sq meter (£177 per sq foot).
The average size of a house on HEATON TERRACE is 73 sq meters (787 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Heaton Terrace |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Heaton Terrace |
Jun 2024 | Public order | Under investigation | On or near Heaton Terrace |
May 2024 | Anti-social behaviour | On or near Heaton Terrace | |
May 2024 | Anti-social behaviour | On or near Heaton Terrace |