£261,715
This estimated value is based upon the latest sale price for the house of £206,075 on 15 Nov 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 |
|---|---|
| £206,075 | 15 Nov 2017 |
| £157,500 | 14 Feb 2014 |
| £156,000 | 11 Dec 2009 |
| £72,000 | 28 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,085 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 November 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £206,075 results in an estimated price of approximately £261,715.
| 15 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £206,075 | £55,640 | £261,715 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 12.509 % | £25,778 | £231,853 |
| 3 Month Average | 31.268 % | £64,436 | £270,511 |
| 6 Month Average | 28.223 % | £58,160 | £264,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £204,277 | £198,000 | 135 WHITLEY ROAD |
| 19 Oct 2023 | £163,718 | £160,000 | 4 ALMA PLACE |
| 28 Sep 2023 | £421,287 | £412,000 | FLAT A EGREMONT HOUSE EGREMONT PLACE |
| 30 Aug 2023 | £307,292 | £301,750 | 7 GLADSTONE TERRACE |
| 12 Jun 2023 | £285,675 | £279,950 | 6 ALEXANDRA TERRACE |
This house has a floor area of 100 sq meters or 1,085 sq feet when measured on 19 Jun 2009. Using an estimated price of £261,715 means this house is valued at £2,595 per sq meter (£241 per sq foot).
The average size of a house on GLADSTONE TERRACE is 236 sq meters (2,544 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alma Place |
| Jul 2024 | Anti-social behaviour | On or near Alma Place | |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alma Place |
| Apr 2024 | Anti-social behaviour | On or near Alma Place | |
| Apr 2024 | Anti-social behaviour | On or near Alma Place |