£142,080
This estimated value is based upon the latest sale price for the house of £84,000 on 20 Dec 2012. 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 |
---|---|
£84,000 | 20 Dec 2012 |
£77,500 | 22 Feb 2012 |
£104,000 | 23 Jul 2004 |
£49,000 | 2 Nov 2001 |
£32,000 | 25 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 655 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 December 2012 the House Price Index for TYNE AND WEAR was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £84,000 results in an estimated price of approximately £142,080.
20 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 148.6 | 69.144 % | £84,000 | £58,080 | £142,080 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 36.589 % | £30,734 | £114,734 |
3 Month Average | 51.381 % | £43,159 | £127,159 |
6 Month Average | 39.560 % | £33,230 | £117,230 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £415,310 | £410,000 | 11 THE CRESCENT |
27 Jul 2023 | £131,774 | £130,000 | 37 JESMOND TERRACE |
21 Jun 2023 | £116,410 | £115,000 | 64 CLIFTON TERRACE |
28 Apr 2023 | £128,382 | £127,000 | 25 JESMOND TERRACE |
24 Mar 2023 | £363,424 | £360,000 | 25 THE CRESCENT |
This house has a floor area of 60 sq meters or 655 sq feet when measured on 4 Aug 2011. Using an estimated price of £142,081 means this house is valued at £2,333 per sq meter (£216 per sq foot).
The average size of a house on JESMOND TERRACE is 74 sq meters (798 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Jesmond Terrace |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |