£204,309
This estimated value is based upon the latest sale price for the house of £99,950 on 30 Apr 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £99,950 | 30 Apr 2004 |
| £58,950 | 15 Dec 2000 |
| Terraced |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2004 the House Price Index for TYNE AND WEAR was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £99,950 results in an estimated price of approximately £204,309.
| 30 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £99,950 | £104,359 | £204,309 |
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 | 30.673 % | £30,657 | £130,607 |
| 3 Month Average | 67.432 % | £67,398 | £167,348 |
| 6 Month Average | 88.499 % | £88,455 | £188,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £324,145 | £320,000 | 19 COMMISSIONERS WHARF |
| 18 Sep 2023 | £132,697 | £131,000 | 78 COMMISSIONERS WHARF |
| 4 Sep 2023 | £187,396 | £185,000 | 73 COMMISSIONERS WHARF |
| 25 Aug 2023 | £151,324 | £150,000 | 57 COMMISSIONERS WHARF |
| 5 Jul 2023 | £177,387 | £175,000 | 60 COMMISSIONERS WHARF |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 6 Jul 2020. Using an estimated price of £204,310 means this house is valued at £3,783 per sq meter (£351 per sq foot).
The average size of a house on COMMISSIONERS WHARF is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Offender given a caution | On or near Commissioners' Wharf |
| Mar 2024 | Other crime | Local resolution | On or near Commissioners' Wharf |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Bicycle theft | Under investigation | On or near Parking Area |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Parking Area |