£207,006
This estimated value is based upon the latest sale price for the house of £125,000 on 3 Sep 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £125,000 | 3 Sep 2013 |
| £52,950 | 8 Mar 2000 |
| Terraced |
| 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 September 2013 the House Price Index for TYNE AND WEAR was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £125,000 results in an estimated price of approximately £207,006.
| 3 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £125,000 | £82,006 | £207,006 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 86.594 % | £108,242 | £233,242 |
| 3 Month Average | 59.279 % | £74,099 | £199,099 |
| 6 Month Average | 33.173 % | £41,466 | £166,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £190,000 | £190,000 | 18 HALL ROAD |
| 22 Mar 2024 | £42,655 | £42,000 | 39 VICTORIA ROAD EAST |
| 1 Mar 2024 | £203,121 | £200,000 | 11 - 13 VICTORIA ROAD EAST |
| 27 Oct 2023 | £76,743 | £75,000 | 31 VICTORIA ROAD EAST |
| 27 Jun 2023 | £53,574 | £52,500 | 91 TWEED STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hall Road |
| Jul 2024 | Anti-social behaviour | On or near Hall Road | |
| Jun 2024 | Anti-social behaviour | On or near Hall Road | |
| Jun 2024 | Anti-social behaviour | On or near Hall Road | |
| May 2024 | Anti-social behaviour | On or near Hall Road |