£392,742
This estimated value is based upon the latest sale price for the house of £215,000 on 9 Sep 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£215,000 | 9 Sep 2005 |
Terraced |
Freehold |
Floor Area: 128 sq meters or 1,382 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 September 2005 the House Price Index for TYNE AND WEAR was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £215,000 results in an estimated price of approximately £392,742.
9 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.3 | 148.6 | 82.671 % | £215,000 | £177,742 | £392,742 |
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 | 52.335 % | £112,519 | £327,519 |
3 Month Average | 61.947 % | £133,186 | £348,186 |
6 Month Average | 70.792 % | £152,203 | £367,203 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £322,779 | £318,000 | 2 LINDEN TERRACE |
22 Sep 2023 | £329,209 | £325,000 | 9 LINDEN TERRACE |
30 Aug 2023 | £133,669 | £132,500 | 6A ESPLANADE |
10 Aug 2023 | £358,133 | £355,000 | 19 LINDEN TERRACE |
14 Jul 2023 | £48,211 | £47,562 | 25 STATION ROAD |
This house has a floor area of 128 sq meters or 1,382 sq feet when measured on 11 Nov 2011. Using an estimated price of £392,742 means this house is valued at £3,058 per sq meter (£284 per sq foot).
The average size of a house on LINDEN TERRACE is 198 sq meters (2,132 sq feet).
This house is the smallest in the street with a floor area of 128 sq meters (1,382 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near South Parade |
Apr 2024 | Criminal damage and arson | Under investigation | On or near South Parade |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near South Parade |
Apr 2024 | Possession of weapons | Awaiting court outcome | On or near South Parade |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Parade |