£166,563
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £130,000 | 30 Jun 2017 |
| £142,500 | 17 Dec 2007 |
| £150,000 | 19 Oct 2007 |
| £51,950 | 27 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 June 2017 the House Price Index for TYNE AND WEAR was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £130,000 results in an estimated price of approximately £166,563.
| 30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £130,000 | £36,563 | £166,563 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 108.536 % | £141,097 | £271,097 |
| 3 Month Average | 11.353 % | £14,758 | £144,758 |
| 6 Month Average | 19.478 % | £25,321 | £155,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Feb 2023 | £109,926 | £110,000 | 13 ELGIN GARDENS |
| 10 Jun 2022 | £65,932 | £65,000 | 96 MIDDLE STREET |
| 14 Apr 2022 | £66,937 | £65,000 | 597 WELBECK ROAD |
| 4 Apr 2022 | £49,430 | £48,000 | 98 MIDDLE STREET |
| 11 Mar 2022 | £143,004 | £138,000 | 30 WALKERFIELD COURT |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 30 Mar 2017. Using an estimated price of £166,563 means this house is valued at £1,649 per sq meter (£153 per sq foot).
The average size of a house on MIDDLE STREET is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Middle Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Middle Street |
| Mar 2024 | Anti-social behaviour | On or near Philipson Street | |
| Mar 2024 | Other theft | Under investigation | On or near Philipson Street |
| Mar 2024 | Anti-social behaviour | On or near Philipson Street |