£138,324
This estimated value is based upon the latest sale price for the house of £110,000 on 13 Apr 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £110,000 | 13 Apr 2018 |
| £14,000 | 24 Dec 1996 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 85 sq meters or 916 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 2018 the House Price Index for TYNE AND WEAR was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £110,000 results in an estimated price of approximately £138,324.
| 13 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £110,000 | £28,324 | £138,324 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 89.307 % | £98,237 | £208,237 |
| 3 Month Average | 45.048 % | £49,553 | £159,553 |
| 6 Month Average | 18.095 % | £19,904 | £129,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £85,745 | £85,000 | 21 NORTH ROAD |
| 12 Apr 2024 | £85,745 | £85,000 | 23 NORTH ROAD |
| 3 Apr 2024 | £71,118 | £70,500 | 4 HOPPER STREET |
| 28 Mar 2024 | £73,631 | £72,500 | 5 DOUGLASS STREET |
| 1 Mar 2024 | £145,231 | £143,000 | 9 BALMORAL STREET |
This house has a floor area of 85 sq meters or 916 sq feet when measured on 17 Feb 2009. Using an estimated price of £138,324 means this house is valued at £1,625 per sq meter (£150 per sq foot).
There is one other house on the street which we know the size of, this is 3 COBDEN STREET it is 86.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cobden Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cobden Street |
| Jun 2024 | Possession of weapons | Under investigation | On or near Douglass Street |
| Jul 2024 | Public order | Under investigation | On or near Westfield Park |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westfield Park |