£145,211
This estimated value is based upon the latest sale price for the house of £42,500 on 9 Jun 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £42,500 | 9 Jun 2001 |
| £39,000 | 15 Mar 1996 |
| Flats/Maisonettes |
| Freehold |
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 June 2001 the House Price Index for TYNE AND WEAR was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £42,500 results in an estimated price of approximately £145,211.
| 9 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 149.7 | 241.675 % | £42,500 | £102,711 | £145,211 |
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 | 75.297 % | £32,001 | £74,501 |
| 3 Month Average | 93.608 % | £39,783 | £82,283 |
| 6 Month Average | 127.579 % | £54,221 | £96,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £118,560 | £118,560 | 64 BEACON STREET |
| 6 Mar 2024 | £121,872 | £120,000 | 43 WESLEY STREET |
| 29 Nov 2023 | £130,410 | £127,100 | 45 ROBSON STREET |
| 8 Nov 2023 | £343,725 | £335,000 | 2 BEACON STREET |
| 9 Oct 2023 | £114,603 | £112,000 | 31 WESLEY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Louie Terrace |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Primrose Hill |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wesley Street |
| Jun 2024 | Anti-social behaviour | On or near Wesley Street | |
| Jun 2024 | Anti-social behaviour | On or near Wesley Street |