£398,904
This estimated value is based upon the latest sale price for the house of £85,500 on 26 Oct 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,500 | 26 Oct 1998 |
| Terraced |
| Freehold |
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 October 1998 the House Price Index for TYNE AND WEAR was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £85,500 results in an estimated price of approximately £398,904.
| 26 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £85,500 | £313,404 | £398,904 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 205.359 % | £175,582 | £261,082 |
| 3 Month Average | 275.947 % | £235,934 | £321,434 |
| 6 Month Average | 294.498 % | £251,795 | £337,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £327,213 | £320,000 | 19 COMMISSIONERS WHARF |
| 18 Sep 2023 | £133,953 | £131,000 | 78 COMMISSIONERS WHARF |
| 25 Aug 2023 | £152,755 | £150,000 | 57 COMMISSIONERS WHARF |
| 21 Apr 2023 | £135,026 | £132,500 | 108 COMMISSIONERS WHARF |
| 31 Mar 2023 | £147,463 | £145,000 | 56 COMMISSIONERS WHARF |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Commissioners' Wharf | |
| May 2024 | Anti-social behaviour | On or near Commissioners' Wharf | |
| May 2024 | Anti-social behaviour | On or near Commissioners' Wharf | |
| Apr 2024 | Drugs | Offender given a caution | On or near Commissioners' Wharf |
| Jul 2024 | Anti-social behaviour | On or near Chirton Dene Quays |