£143,040
This estimated value is based upon the latest sale price for the house of £141,500 on 21 Apr 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 |
|---|---|
| £141,500 | 21 Apr 2023 |
| £125,000 | 31 Oct 2019 |
| £92,500 | 11 Jun 2012 |
| £86,000 | 29 Aug 2003 |
| £79,500 | 18 Oct 2002 |
| £46,000 | 27 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 996 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 April 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £141,500 results in an estimated price of approximately £143,040.
| 21 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £141,500 | £1,540 | £143,040 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -40.973 % | £-57,976 | £83,523 |
| 3 Month Average | 8.357 % | £11,825 | £153,325 |
| 6 Month Average | 11.840 % | £16,754 | £158,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £101,781 | £100,000 | 123 DERWENT WATER DRIVE |
| 27 Nov 2023 | £60,902 | £60,000 | 12 STONECHAT MOUNT |
| 3 Nov 2023 | £172,555 | £170,000 | 8 TEMPEST STREET |
| 26 Jun 2023 | £212,575 | £210,000 | 77 DERWENT WATER DRIVE |
| 5 Jun 2023 | £106,287 | £105,000 | 109 DERWENT WATER DRIVE |
This house has a floor area of 92 sq meters or 996 sq feet when measured on 10 Jan 2011. Using an estimated price of £143,040 means this house is valued at £1,545 per sq meter (£143 per sq foot).
The average size of a house on TEMPEST STREET is 156 sq meters (1,685 sq feet).
This house is the smallest in the street with a floor area of 92 sq meters (996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Tempest Street | |
| Mar 2024 | Anti-social behaviour | On or near Tempest Street | |
| Apr 2024 | Anti-social behaviour | On or near Stella Lane | |
| Jan 2024 | Anti-social behaviour | On or near Stella Lane | |
| Jan 2024 | Anti-social behaviour | On or near Stella Lane |