£188,193
This estimated value is based upon the latest sale price for the house of £119,950 on 23 Aug 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 |
---|---|
£119,950 | 23 Aug 2007 |
£53,000 | 4 Apr 1997 |
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 August 2007 the House Price Index for TYNE AND WEAR was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £119,950 results in an estimated price of approximately £188,193.
23 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.6 | 56.893 % | £119,950 | £68,243 | £188,193 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 1.028 % | £1,232 | £121,182 |
3 Month Average | 20.283 % | £24,329 | £144,279 |
6 Month Average | 37.123 % | £44,529 | £164,479 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £131,147 | £130,000 | 24 UNION STAIRS |
9 Mar 2023 | £121,141 | £120,000 | 91 DOLPHIN QUAY CLIVE STREET |
28 Feb 2023 | £194,869 | £195,000 | 117 DOLPHIN QUAY CLIVE STREET |
17 Jan 2023 | £233,898 | £235,000 | 118 DOLPHIN QUAY CLIVE STREET |
5 Sep 2022 | £148,798 | £150,000 | 56 DOLPHIN QUAY CLIVE STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Liddell Street |
Mar 2024 | Anti-social behaviour | On or near Liddell Street | |
Mar 2024 | Anti-social behaviour | On or near Liddell Street | |
Jan 2024 | Anti-social behaviour | On or near Liddell Street | |
Jan 2024 | Anti-social behaviour | On or near Liddell Street |