£178,360
This estimated value is based upon the latest sale price for the house of £175,000 on 12 May 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£175,000 | 12 May 2022 |
£120,000 | 17 Nov 2011 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 769 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 May 2022 the House Price Index for TYNE AND WEAR was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £175,000 results in an estimated price of approximately £178,360.
12 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £175,000 | £3,360 | £178,360 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 9.326 % | £16,320 | £191,320 |
3 Month Average | 9.794 % | £17,140 | £192,140 |
6 Month Average | -0.250 % | £-437 | £174,562 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £184,357 | £182,000 | 19 CHESTER STREET |
7 Sep 2023 | £157,007 | £155,000 | 20 NAPIER STREET |
21 Jul 2023 | £304,093 | £300,000 | 52 CHESTER STREET |
31 Mar 2023 | £222,092 | £220,000 | 18 CHESTER STREET |
31 Oct 2022 | £163,242 | £165,000 | 20 MILTON PLACE |
This house has a floor area of 71 sq meters or 769 sq feet when measured on 21 Jul 2011. Using an estimated price of £178,361 means this house is valued at £2,494 per sq meter (£231 per sq foot).
The average size of a house on MILTON GREEN is 107 sq meters (1,153 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (769 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gladstone Place |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gladstone Place |
Mar 2024 | Anti-social behaviour | On or near Milton Place | |
Mar 2024 | Anti-social behaviour | On or near Milton Place | |
Feb 2024 | Anti-social behaviour | On or near Milton Place |