£170,855
This estimated value is based upon the latest sale price for the house of £94,950 on 31 Jul 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £94,950 | 31 Jul 2009 |
| £93,000 | 16 Mar 2007 |
| £87,250 | 21 Mar 2005 |
| £32,000 | 29 Sep 2000 |
| £30,000 | 8 Jan 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 624 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 Feb 2024 is 146.7 which is a change of 79.942%.Applying this 79.942% change to the original purchase price of £94,950 results in an estimated price of approximately £170,855.
| 31 Jul 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 146.7 | 79.942 % | £94,950 | £75,905 | £170,855 |
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 | 19.776 % | £18,777 | £113,727 |
| 3 Month Average | 19.288 % | £18,314 | £113,264 |
| 6 Month Average | 17.442 % | £16,561 | £111,511 |
This house has a floor area of 57 sq meters or 624 sq feet when measured on 20 May 2009.
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Lamport Street | |
| Feb 2024 | Anti-social behaviour | On or near Lamport Street | |
| Mar 2024 | Drugs | Under investigation | On or near Oakwood |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakwood |
| Feb 2024 | Public order | Under investigation | On or near Springwood |