£296,978
This estimated value is based upon the latest sale price for the house of £173,000 on 4 Aug 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £173,000 | 4 Aug 2006 |
| £157,500 | 16 Aug 2004 |
| £145,000 | 13 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 August 2006 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £173,000 results in an estimated price of approximately £296,978.
| 4 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £173,000 | £123,978 | £296,978 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -37.936 % | £-65,630 | £107,369 |
| 3 Month Average | 12.992 % | £22,476 | £195,476 |
| 6 Month Average | 20.892 % | £36,142 | £209,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £235,000 | £235,000 | 37 HEDLEY TERRACE |
| 1 Jun 2023 | £308,740 | £305,000 | 54 HEDLEY STREET |
| 8 Feb 2023 | £109,926 | £110,000 | FLAT 11 45 REGENT ROAD |
| 26 Jan 2023 | £293,617 | £295,000 | 13 HEDLEY STREET |
| 16 Jan 2023 | £115,456 | £116,000 | FLAT 16 45 REGENT ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 14 Oct 2014. Using an estimated price of £296,978 means this house is valued at £4,242 per sq meter (£394 per sq foot).
The average size of a house on HENRY STREET is 62 sq meters (675 sq feet).
This house is the largest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regent Road North |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regent Road North |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Irton Street |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elsdon Road |
| Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Elsdon Road |