£223,836
This estimated value is based upon the latest sale price for the house of £130,000 on 1 Mar 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £130,000 | 1 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 March 2012 the House Price Index for TYNE AND WEAR was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £130,000 results in an estimated price of approximately £223,836.
| 1 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £130,000 | £93,836 | £223,836 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 76.509 % | £99,461 | £229,461 |
| 3 Month Average | 49.131 % | £63,869 | £193,869 |
| 6 Month Average | 34.281 % | £44,565 | £174,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £238,667 | £235,000 | 37 HEDLEY TERRACE |
| 5 Oct 2023 | £361,204 | £353,000 | 16 REGENT ROAD |
| 31 Aug 2023 | £325,878 | £320,000 | 46 REGENT ROAD |
| 1 Jun 2023 | £311,237 | £305,000 | 54 HEDLEY STREET |
| 26 Jan 2023 | £295,790 | £295,000 | 13 HEDLEY STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 11 Jan 2018. Using an estimated price of £223,836 means this house is valued at £4,304 per sq meter (£399 per sq foot).
The average size of a house on HENRY STREET is 62 sq meters (675 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Hedley Terrace |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hedley Terrace |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Hedley Terrace |
| May 2024 | Anti-social behaviour | On or near Hedley Terrace | |
| May 2024 | Anti-social behaviour | On or near Hedley Terrace |