£170,032
This estimated value is based upon the latest sale price for the house of £86,000 on 11 Jun 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £86,000 | 11 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2004 the House Price Index for TYNE AND WEAR was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £86,000 results in an estimated price of approximately £170,032.
| 11 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £86,000 | £84,032 | £170,032 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -20.650 % | £-17,759 | £68,240 |
| 3 Month Average | 22.731 % | £19,549 | £105,549 |
| 6 Month Average | 55.799 % | £47,987 | £133,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £54,811 | £54,000 | 3 ST JUST PLACE |
| 22 Sep 2023 | £130,164 | £128,500 | 16 RAWLSTON WAY |
| 24 Aug 2023 | £135,183 | £134,000 | 10 CRELAND WAY |
| 2 Jun 2023 | £84,018 | £83,000 | 23 CRAIGMILLAR AVENUE |
| 27 Oct 2022 | £51,941 | £52,500 | 42 ST KEVERNE SQUARE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Jun 2015. Using an estimated price of £170,032 means this house is valued at £2,073 per sq meter (£192 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Colebridge Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Colebridge Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colebridge Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Colebridge Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Colebridge Close |