£195,970
This estimated value is based upon the latest sale price for the house of £87,950 on 14 Nov 2003. 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 Torver Place
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| Price Paid | Date |
|---|---|
| £87,950 | 14 Nov 2003 |
| £48,500 | 14 Oct 1999 |
| £29,000 | 23 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2003 the House Price Index for TYNE AND WEAR was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £87,950 results in an estimated price of approximately £195,970.
| 14 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 149.7 | 122.820 % | £87,950 | £108,020 | £195,970 |
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 | 20.037 % | £17,622 | £105,572 |
| 3 Month Average | 43.853 % | £38,568 | £126,518 |
| 6 Month Average | 54.597 % | £48,018 | £135,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £173,326 | £168,000 | 17 WYTHBURN PLACE |
| 3 Nov 2023 | £153,907 | £150,000 | 1 WYTHBURN PLACE |
| 13 Oct 2023 | £160,649 | £157,000 | 5 PENRITH GARDENS |
| 29 Sep 2023 | £117,592 | £115,000 | 8 DUDDON PLACE |
| 2 Feb 2023 | £169,633 | £168,500 | 12 BOWNESS PLACE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 Nov 2011. Using an estimated price of £195,970 means this house is valued at £2,332 per sq meter (£216 per sq foot).
The average size of a house on NEWBY PLACE is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Under investigation | On or near Torver Place |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Seascale Place |
| Jul 2024 | Public order | Under investigation | On or near Seascale Place |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seascale Place |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seascale Place |