£216,450
This estimated value is based upon the latest sale price for the house of £125,000 on 31 Jan 2012. 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 Tankerville Terrace
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| Price Paid | Date |
|---|---|
| £125,000 | 31 Jan 2012 |
| £140,000 | 17 Nov 2006 |
| £120,000 | 13 Jun 2003 |
| £45,000 | 31 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 January 2012 the House Price Index for TYNE AND WEAR was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £125,000 results in an estimated price of approximately £216,450.
| 31 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £125,000 | £91,450 | £216,450 |
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 | 95.718 % | £119,647 | £244,647 |
| 3 Month Average | 53.335 % | £66,668 | £191,668 |
| 6 Month Average | 48.538 % | £60,672 | £185,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £235,000 | £235,000 | FLAT 2 15 OTTERBURN TERRACE |
| 22 Mar 2024 | £1,046,072 | £1,030,000 | 2 HENSHELWOOD TERRACE |
| 24 Oct 2023 | £281,391 | £275,000 | FLAT 1 2 TANKERVILLE TERRACE |
| 11 Sep 2023 | £148,268 | £145,000 | 7D TANKERVILLE PLACE |
| 28 Mar 2023 | £813,587 | £800,000 | THE PORTE OTTERBURN VILLAS |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 8 Aug 2019. Using an estimated price of £216,450 means this house is valued at £3,797 per sq meter (£352 per sq foot).
The average size of a house on TANKERVILLE TERRACE is 146 sq meters (1,581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tankerville Terrace |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Tankerville Terrace |
| Jul 2024 | Anti-social behaviour | On or near Otterburn Terrace | |
| Jul 2024 | Anti-social behaviour | On or near Otterburn Terrace | |
| Jul 2024 | Burglary | Under investigation | On or near Otterburn Terrace |