£45,273
This estimated value is based upon the latest sale price for the house of £34,000 on 5 Jul 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Eton Square
More crime details
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| Price Paid | Date |
|---|---|
| £34,000 | 5 Jul 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 July 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £34,000 results in an estimated price of approximately £45,273.
| 5 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £34,000 | £11,273 | £45,273 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 115.834 % | £39,383 | £73,383 |
| 3 Month Average | -4.947 % | £-1,681 | £32,318 |
| 6 Month Average | -0.005 % | £-1 | £33,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £50,000 | £50,000 | 217 VICTORIA ROAD EAST |
| 7 Nov 2023 | £58,364 | £57,500 | 26 JERVIS STREET |
| 6 Nov 2023 | £79,172 | £78,000 | 49 HOWE STREET |
| 3 Jul 2023 | £70,955 | £70,000 | 207 VICTORIA ROAD EAST |
| 16 Jun 2023 | £65,797 | £65,000 | 52 OXFORD CRESCENT |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Mar 2016. Using an estimated price of £45,274 means this house is valued at £718 per sq meter (£66 per sq foot).
The average size of a house on VICTORIA ROAD EAST is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Eton Square |
| Apr 2024 | Anti-social behaviour | On or near Eton Square | |
| Apr 2024 | Burglary | Under investigation | On or near Eton Square |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Eton Square |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Eton Square |