£291,225
This estimated value is based upon the latest sale price for the house of £285,000 on 29 Jun 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £285,000 | 29 Jun 2022 |
| £237,500 | 13 Dec 2016 |
| £185,000 | 20 Feb 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 June 2022 the House Price Index for TYNE AND WEAR was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £285,000 results in an estimated price of approximately £291,225.
| 29 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £285,000 | £6,225 | £291,225 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -13.390 % | £-38,161 | £246,838 |
| 3 Month Average | 19.399 % | £55,287 | £340,287 |
| 6 Month Average | 3.636 % | £10,361 | £295,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £163,050 | £160,000 | 61 YORK STREET |
| 20 Apr 2023 | £228,270 | £224,000 | 41 BEDE BURN ROAD |
| 5 Apr 2023 | £185,469 | £182,000 | 209 ALBERT ROAD |
| 31 Mar 2023 | £327,469 | £322,000 | 4 SURREY STREET |
| 10 Mar 2023 | £149,497 | £147,000 | 65 YORK STREET |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 25 Feb 2016. Using an estimated price of £291,225 means this house is valued at £1,981 per sq meter (£184 per sq foot).
The average size of a house on SURREY STREET is 190 sq meters (2,050 sq feet).
This house is the largest in the street with a floor area of 147 sq meters (1,582 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Under investigation | On or near Surrey Street |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kent Street |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kent Street |
| Aug 2024 | Shoplifting | Awaiting court outcome | On or near Kent Street |
| Oct 2024 | Anti-social behaviour | On or near Park Road |