£653,664
This estimated value is based upon the latest sale price for the house of £385,000 on 5 Oct 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£385,000 | 5 Oct 2012 |
£380,000 | 23 Apr 2007 |
£170,000 | 28 Aug 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 120 sq meters or 1,291 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 October 2012 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £385,000 results in an estimated price of approximately £653,664.
5 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.783 % | £385,000 | £268,664 | £653,664 |
The Postcode Pricing Model uses changes in average sales price within the NE1 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 | 8.514 % | £32,778 | £417,778 |
3 Month Average | 54.309 % | £209,090 | £594,090 |
6 Month Average | 40.298 % | £155,145 | £540,145 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £149,717 | £147,500 | 2C KING STREET |
10 Jan 2023 | £328,453 | £330,000 | 11 - 23 BROAD CHARE |
19 Oct 2022 | £174,125 | £176,000 | 9B AKENSIDE HILL |
8 Apr 2022 | £97,831 | £95,000 | 2J KING STREET |
8 Apr 2022 | £144,172 | £140,000 | 9 PEPPERCORN COURT |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 22 May 2012. Using an estimated price of £653,664 means this house is valued at £5,447 per sq meter (£506 per sq foot).
The average size of a house on QUAYSIDE is 68 sq meters (741 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Theatre/Concert Hall |
Apr 2024 | Public order | Under investigation | On or near Theatre/Concert Hall |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |