£131,180
This estimated value is based upon the latest sale price for the house of £127,500 on 14 Jul 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £127,500 | 14 Jul 2023 |
| £112,950 | 8 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 541 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 2023 the House Price Index for TYNE AND WEAR was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £127,500 results in an estimated price of approximately £131,180.
| 14 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £127,500 | £3,680 | £131,180 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 1.532 % | £1,953 | £129,453 |
| 3 Month Average | 1.295 % | £1,650 | £129,150 |
| 6 Month Average | -2.338 % | £-2,981 | £124,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £112,865 | £110,000 | 5 CARIS STREET |
| 13 Oct 2023 | £76,743 | £75,000 | 3 CARR HILL ROAD |
| 5 Sep 2023 | £7,158 | £7,000 | 7 CONWAY SQUARE |
| 18 Aug 2023 | £229,133 | £225,000 | 20 LYNNHOLME GARDENS |
| 29 Jun 2023 | £59,186 | £58,000 | 7 CARIS STREET |
This house has a floor area of 50 sq meters or 541 sq feet when measured on 29 Jan 2012.
The average size of a house on CONWAY SQUARE is 60 sq meters (652 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Conway Square |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Conway Square |
| Jun 2024 | Vehicle crime | Under investigation | On or near Conway Square |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Conway Square |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Conway Square |