£168,841
This estimated value is based upon the latest sale price for the house of £138,000 on 21 Feb 2020. 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 Washington Terrace
More crime details
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Price Paid | Date |
---|---|
£138,000 | 21 Feb 2020 |
£123,500 | 30 Mar 2007 |
£66,500 | 5 Nov 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £138,000 results in an estimated price of approximately £168,841.
21 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.349 % | £138,000 | £30,841 | £168,841 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 32.084 % | £44,276 | £182,276 |
3 Month Average | 2.969 % | £4,097 | £142,097 |
6 Month Average | 2.748 % | £3,792 | £141,792 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2023 | £177,146 | £175,000 | 14 DONKIN TERRACE |
19 Jun 2023 | £167,023 | £165,000 | 23 DONKIN TERRACE |
19 Jun 2023 | £440,334 | £435,000 | 10 KITCHENER TERRACE |
31 Mar 2023 | £176,664 | £175,000 | 47 DONKIN TERRACE |
27 Jan 2023 | £343,382 | £345,000 | 33 PARK CRESCENT EAST |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Jun 2019. Using an estimated price of £168,842 means this house is valued at £2,281 per sq meter (£211 per sq foot).
The average size of a house on KITCHENER TERRACE is 79 sq meters (852 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Washington Terrace |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Washington Terrace |
Feb 2024 | Anti-social behaviour | On or near Washington Terrace | |
Feb 2024 | Anti-social behaviour | On or near Washington Terrace | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Washington Terrace |