£258,418
This estimated value is based upon the latest sale price for the house of £210,000 on 1 Aug 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £210,000 | 1 Aug 2019 |
| £185,000 | 25 Aug 2016 |
| £159,000 | 14 Dec 2010 |
| £155,000 | 28 Nov 2007 |
| £57,000 | 28 Jul 1995 |
| Terraced |
| Leasehold |
| Floor Area: 61 sq meters or 662 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 August 2019 the House Price Index for TYNE AND WEAR was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £210,000 results in an estimated price of approximately £258,418.
| 1 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £210,000 | £48,418 | £258,418 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | -43.413 % | £-91,166 | £118,833 |
| 3 Month Average | -1.059 % | £-2,223 | £207,776 |
| 6 Month Average | 8.152 % | £17,119 | £227,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £235,000 | £235,000 | 37 HEDLEY TERRACE |
| 1 Jun 2023 | £308,740 | £305,000 | 54 HEDLEY STREET |
| 8 Feb 2023 | £109,926 | £110,000 | FLAT 11 45 REGENT ROAD |
| 26 Jan 2023 | £293,617 | £295,000 | 13 HEDLEY STREET |
| 16 Jan 2023 | £115,456 | £116,000 | FLAT 16 45 REGENT ROAD |
This house has a floor area of 61 sq meters or 662 sq feet when measured on 13 Aug 2010. Using an estimated price of £258,419 means this house is valued at £4,197 per sq meter (£389 per sq foot).
The average size of a house on HENRY STREET is 62 sq meters (675 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regent Road North |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regent Road North |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Irton Street |
| Mar 2024 | Burglary | Under investigation | On or near Elsdon Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regent Road |