£188,728
This estimated value is based upon the latest sale price for the house of £115,000 on 23 Feb 2007. 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 Eighton Terrace
More crime details
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| Price Paid | Date |
|---|---|
| £115,000 | 23 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 806 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 February 2007 the House Price Index for TYNE AND WEAR was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £115,000 results in an estimated price of approximately £188,728.
| 23 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £115,000 | £73,728 | £188,728 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 12.209 % | £14,040 | £129,040 |
| 3 Month Average | 12.148 % | £13,970 | £128,970 |
| 6 Month Average | 19.377 % | £22,283 | £137,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £86,326 | £85,000 | 97 SPRINGWELL ROAD |
| 9 Nov 2023 | £97,474 | £95,000 | 30 AYCLIFFE CRESCENT |
| 13 Oct 2023 | £114,603 | £112,000 | 116 LANCHESTER AVENUE |
| 30 Aug 2023 | £62,120 | £61,000 | 110 SPRINGWELL ROAD |
| 17 Aug 2023 | £163,957 | £161,000 | 87 SPRINGWELL ROAD |
This house has a floor area of 74 sq meters or 806 sq feet when measured on 7 Jun 2011. Using an estimated price of £188,728 means this house is valued at £2,520 per sq meter (£234 per sq foot).
The average size of a house on EIGHTON TERRACE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eighton Terrace |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eighton Terrace |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Eighton Terrace |
| Jun 2024 | Anti-social behaviour | On or near Eighton Terrace | |
| Jun 2024 | Burglary | Awaiting court outcome | On or near Eighton Terrace |