£340,472
This estimated value is based upon the latest sale price for the house of £209,000 on 23 Feb 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £209,000 | 23 Feb 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 163 sq meters or 1,754 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 February 2007 the House Price Index for TYNE AND WEAR was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £209,000 results in an estimated price of approximately £340,472.
| 23 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £209,000 | £131,472 | £340,472 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 77.348 % | £161,658 | £370,658 |
| 3 Month Average | 11.665 % | £24,380 | £233,380 |
| 6 Month Average | 15.937 % | £33,307 | £242,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £132,156 | £131,000 | FLAT 3 12 ROTHBURY TERRACE |
| 7 Aug 2023 | £166,456 | £165,000 | 184 SIMONSIDE TERRACE |
| 3 Jul 2023 | £420,662 | £415,000 | 15 ROTHBURY TERRACE |
| 14 Apr 2022 | £329,536 | £320,000 | 27 ROTHBURY TERRACE |
| 9 Mar 2022 | £129,533 | £125,000 | 34 SIMONSIDE TERRACE |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 4 Jun 2018. Using an estimated price of £340,473 means this house is valued at £2,088 per sq meter (£194 per sq foot).
The average size of a house on SIMONSIDE TERRACE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burlington Gardens |
| Mar 2024 | Anti-social behaviour | On or near Burlington Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Burlington Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Burlington Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Burlington Gardens |