£192,953
This estimated value is based upon the latest sale price for the house of £104,950 on 29 Jul 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £104,950 | 29 Jul 2005 |
| £59,000 | 6 Jan 2003 |
| £39,500 | 19 Jan 2001 |
| £1,500 | 17 Jun 1996 |
| Detached |
| Leasehold |
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 July 2005 the House Price Index for TYNE AND WEAR was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £104,950 results in an estimated price of approximately £192,953.
| 29 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £104,950 | £88,003 | £192,953 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 42.235 % | £44,326 | £149,276 |
| 3 Month Average | 34.967 % | £36,698 | £141,648 |
| 6 Month Average | 40.518 % | £42,524 | £147,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £65,977 | £65,000 | 48 BRUSSELS ROAD |
| 10 Nov 2023 | £144,641 | £142,500 | 3 JAMES TERRACE |
| 15 Sep 2023 | £151,943 | £150,000 | PARKSIDE HOUSE ELTON STREET EAST |
| 21 Jul 2023 | £88,187 | £87,000 | 30 TIBERIUS CLOSE |
| 12 Jan 2023 | £47,775 | £48,000 | 16 BRUSSELS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near James Terrace | |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near James Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near James Terrace |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near James Terrace |
| Feb 2024 | Anti-social behaviour | On or near James Terrace |