£196,332
This estimated value is based upon the latest sale price for the house of £154,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £154,000 | 14 Jul 2017 |
| £154,000 | 27 Feb 2015 |
| £158,400 | 9 Feb 2007 |
| £98,900 | 23 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,026 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 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £154,000 results in an estimated price of approximately £196,332.
| 14 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £154,000 | £42,332 | £196,332 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -44.431 % | £-68,423 | £85,576 |
| 3 Month Average | -2.796 % | £-4,305 | £149,694 |
| 6 Month Average | 10.987 % | £16,919 | £170,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £98,189 | £97,000 | 18 BURNLEY STREET |
| 7 Jun 2023 | £134,125 | £132,500 | 17 BURNLEY STREET |
| 5 Jun 2023 | £242,943 | £240,000 | 4 BEDA HILL |
| 18 Apr 2023 | £96,034 | £95,000 | 6 BURNLEY STREET |
| 11 Apr 2023 | £129,899 | £128,500 | 58 MARY STREET |
This house has a floor area of 95 sq meters or 1,026 sq feet when measured on 12 Jun 2009. Using an estimated price of £196,333 means this house is valued at £2,057 per sq meter (£191 per sq foot).
The average size of a house on BOWLAND TERRACE is 162 sq meters (1,747 sq feet).
This house is the smallest in the street with a floor area of 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ann Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ann Street |
| Apr 2024 | Other crime | Under investigation | On or near Ann Street |
| Apr 2024 | Anti-social behaviour | On or near Ann Street | |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ann Street |