£225,358
This estimated value is based upon the latest sale price for the house of £185,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been three burglaries within the last year on or near Claremont Street
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Price Paid | Date |
---|---|
£185,000 | 17 Jul 2020 |
£120,000 | 8 Mar 2013 |
£55,000 | 17 Mar 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 July 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £185,000 results in an estimated price of approximately £225,358.
17 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £185,000 | £40,358 | £225,358 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 58.485 % | £108,196 | £293,196 |
3 Month Average | 3.829 % | £7,083 | £192,083 |
6 Month Average | -3.474 % | £-6,427 | £178,572 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £370,695 | £365,000 | 5A NORTH TERRACE |
23 Oct 2023 | £184,183 | £180,000 | 73 WINDMILL COURT |
20 Oct 2023 | £92,092 | £90,000 | 11 WINDMILL COURT |
17 Jan 2023 | £272,729 | £272,000 | 13 CLAREMONT STREET |
15 Aug 2022 | £351,644 | £350,000 | 10 CHIMNEY MILLS CLAREMONT ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 Oct 2012. Using an estimated price of £225,358 means this house is valued at £3,577 per sq meter (£332 per sq foot).
The average size of a house on CLAREMONT TERRACE is 76 sq meters (820 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Awaiting court outcome | On or near Claremont Street |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Claremont Street |
Apr 2024 | Anti-social behaviour | On or near Claremont Street | |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Claremont Street |
Apr 2024 | Anti-social behaviour | On or near Claremont Street |