£93,361
This estimated value is based upon the latest sale price for the house of £71,500 on 9 Mar 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £71,500 | 9 Mar 2017 |
| £88,500 | 14 Feb 2008 |
| £89,500 | 7 Aug 2006 |
| £71,000 | 21 May 2004 |
| £56,995 | 6 Jun 2003 |
| £32,500 | 20 Feb 1998 |
| £41,000 | 31 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 March 2017 the House Price Index for TYNE AND WEAR was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £71,500 results in an estimated price of approximately £93,361.
| 9 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £71,500 | £21,861 | £93,361 |
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 | 27.421 % | £19,606 | £91,106 |
| 3 Month Average | 16.284 % | £11,642 | £83,142 |
| 6 Month Average | 9.023 % | £6,451 | £77,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £105,920 | £105,000 | 21 SHERBURN TERRACE |
| 28 Mar 2024 | £162,497 | £160,000 | GREENSIDE WREKENTON ROW |
| 12 Oct 2023 | £148,370 | £145,000 | 34 WREKENTON ROW |
| 6 Oct 2023 | £194,416 | £190,000 | 15 HILLDYKE |
| 13 Jun 2023 | £77,554 | £76,000 | 1 CAPSTAN COURT |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 24 Oct 2019. Using an estimated price of £93,361 means this house is valued at £1,795 per sq meter (£166 per sq foot).
There is one other house on the street which we know the size of, this is 1 CAPSTAN LANE it is 64.08
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Capstan Lane | |
| Apr 2024 | Drugs | Offender given a caution | On or near Capstan Lane |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wrekenton Row |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wrekenton Row |
| May 2024 | Criminal damage and arson | Under investigation | On or near Tanfield Place |