£109,363
This estimated value is based upon the latest sale price for the house of £60,000 on 8 Jul 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £60,000 | 8 Jul 2009 |
| £66,000 | 27 Oct 2006 |
| £42,950 | 20 Jul 2004 |
| Terraced |
| Leasehold |
| Floor Area: 58 sq meters or 630 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 2009 the House Price Index for TYNE AND WEAR was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £60,000 results in an estimated price of approximately £109,363.
| 8 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.273 % | £60,000 | £49,363 | £109,363 |
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 | -1.787 % | £-1,071 | £58,928 |
| 3 Month Average | 23.934 % | £14,360 | £74,360 |
| 6 Month Average | 17.078 % | £10,246 | £70,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £61,917 | £61,000 | 56 ESK STREET |
| 16 Jun 2023 | £98,696 | £97,500 | 34 GAINSBOROUGH CRESCENT |
| 27 Jan 2023 | £144,320 | £145,000 | 68 THE AVENUE |
| 5 Aug 2022 | £54,852 | £55,000 | 28 ESK STREET |
| 5 Aug 2022 | £54,852 | £55,000 | 26 ESK STREET |
This house has a floor area of 58 sq meters or 630 sq feet when measured on 30 Mar 2009. Using an estimated price of £109,364 means this house is valued at £1,867 per sq meter (£173 per sq foot).
The average size of a house on POTTERSWAY is 123 sq meters (1,325 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (630 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Halcyon Place |
| Apr 2024 | Anti-social behaviour | On or near Appian Place | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Appian Place |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Appian Place |
| Feb 2024 | Vehicle crime | Under investigation | On or near Appian Place |