£581,899
This estimated value is based upon the latest sale price for the house of £540,000 on 15 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£540,000 | 15 Sep 2021 |
£452,000 | 30 Nov 2017 |
£350,000 | 1 May 2014 |
Terraced |
Freehold |
Floor Area: 206 sq meters or 2,217 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £540,000 results in an estimated price of approximately £581,899.
15 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £540,000 | £41,899 | £581,899 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 28.291 % | £152,772 | £692,772 |
3 Month Average | 46.134 % | £249,121 | £789,121 |
6 Month Average | 17.828 % | £96,269 | £636,269 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £643,224 | £635,000 | 8 PROMONTORY TERRACE |
17 Feb 2023 | £229,845 | £230,000 | 14 WINDSOR TERRACE |
25 Nov 2022 | £232,188 | £235,000 | 10 NATERS STREET |
13 May 2022 | £157,977 | £155,000 | 31 NATERS STREET |
25 Mar 2022 | £854,916 | £825,000 | 1 WINDSOR CRESCENT |
This house has a floor area of 206 sq meters or 2,217 sq feet when measured on 20 May 2021. Using an estimated price of £581,900 means this house is valued at £2,824 per sq meter (£262 per sq foot).
The average size of a house on WINDSOR CRESCENT is 164 sq meters (1,768 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Margaret Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Margaret Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Margaret Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Margaret Road |
Jan 2024 | Anti-social behaviour | On or near Naters Street |