£265,372
This estimated value is based upon the latest sale price for the house of £170,000 on 14 Sep 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £170,000 | 14 Sep 2007 |
| £160,000 | 24 Apr 2006 |
| £136,000 | 17 Sep 2004 |
| Flats/Maisonettes |
| Leasehold |
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 2007 the House Price Index for TYNE AND WEAR was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £170,000 results in an estimated price of approximately £265,372.
| 14 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £170,000 | £95,372 | £265,372 |
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 | 64.744 % | £110,064 | £280,064 |
| 3 Month Average | 35.841 % | £60,929 | £230,929 |
| 6 Month Average | 16.678 % | £28,352 | £198,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £259,847 | £256,000 | 27A ST GEORGES TERRACE |
| 21 Jul 2023 | £200,194 | £197,500 | 57 CONISTON AVENUE |
| 17 Feb 2023 | £239,839 | £240,000 | FLAT D 7 ST GEORGES TERRACE |
| 25 Jul 2022 | £185,499 | £185,000 | FLAT 3 44 ST GEORGES TERRACE |
| 25 Mar 2022 | £236,382 | £228,110 | 25C ST GEORGES TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St George'S Mews |
| Feb 2024 | Anti-social behaviour | On or near St George'S Mews | |
| Feb 2024 | Anti-social behaviour | On or near St George'S Mews | |
| Feb 2024 | Other theft | Under investigation | On or near St George'S Mews |
| Feb 2024 | Anti-social behaviour | On or near St George'S Mews |