£72,066
This estimated value is based upon the latest sale price for the house of £71,000 on 16 Nov 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £71,000 | 16 Nov 2023 |
| £56,500 | 29 Jul 2019 |
| £55,000 | 28 Aug 2013 |
| £55,000 | 28 Aug 2013 |
| £29,950 | 10 Jul 2001 |
| £18,500 | 22 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 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 November 2023 the House Price Index for TYNE AND WEAR was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £71,000 results in an estimated price of approximately £72,066.
| 16 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £71,000 | £1,066 | £72,066 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -28.467 % | £-20,211 | £50,788 |
| 3 Month Average | -2.989 % | £-2,122 | £68,877 |
| 6 Month Average | 5.975 % | £4,241 | £75,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £72,067 | £71,000 | 10 MARLBOROUGH CRESCENT |
| 1 Sep 2023 | £101,295 | £100,000 | 87 HIGH STREET |
| 18 Aug 2023 | £191,677 | £190,000 | 9 - 11 MARLBOROUGH CRESCENT |
| 20 Jul 2023 | £136,842 | £135,000 | 7 HAMSTERLEY CRESCENT |
| 21 Apr 2023 | £121,306 | £120,000 | 76 RUGBY GARDENS |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 18 Sep 2014. Using an estimated price of £72,067 means this house is valued at £1,242 per sq meter (£115 per sq foot).
The average size of a house on MARLBOROUGH CRESCENT is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Marlborough Crescent | |
| Apr 2024 | Anti-social behaviour | On or near Marlborough Crescent | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marlborough Crescent |
| Mar 2024 | Anti-social behaviour | On or near Marlborough Crescent | |
| Mar 2024 | Anti-social behaviour | On or near Marlborough Crescent |