£159,468
This estimated value is based upon the latest sale price for the house of £64,000 on 10 Jan 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Balmoral Street
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £64,000 | 10 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 January 2003 the House Price Index for TYNE AND WEAR was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £64,000 results in an estimated price of approximately £159,468.
| 10 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £64,000 | £95,468 | £159,468 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 259.352 % | £165,984 | £229,984 |
| 3 Month Average | 179.234 % | £114,710 | £178,710 |
| 6 Month Average | 157.406 % | £100,739 | £164,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £139,209 | £138,000 | 29 JUBILEE STREET |
| 28 Mar 2024 | £73,631 | £72,500 | 5 DOUGLASS STREET |
| 1 Mar 2024 | £145,231 | £143,000 | 9 BALMORAL STREET |
| 15 Dec 2023 | £126,384 | £122,500 | 32 JUBILEE STREET |
| 5 Dec 2023 | £108,329 | £105,000 | 29 DIAMOND STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 29 Jul 2014. Using an estimated price of £159,468 means this house is valued at £1,921 per sq meter (£178 per sq foot).
The average size of a house on WINDSOR STREET is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Balmoral Street |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Balmoral Street |
| Jul 2024 | Anti-social behaviour | On or near Harle Street | |
| Jun 2024 | Anti-social behaviour | On or near Harle Street | |
| Jun 2024 | Anti-social behaviour | On or near Harle Street |