£48,225
This estimated value is based upon the latest sale price for the house of £48,000 on 5 Aug 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 |
|---|---|
| £48,000 | 5 Aug 2022 |
| £12,000 | 6 Jun 1997 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 64 sq meters or 688 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 August 2022 the House Price Index for TYNE AND WEAR was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £48,000 results in an estimated price of approximately £48,225.
| 5 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £48,000 | £225 | £48,225 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 37.555 % | £18,026 | £66,026 |
| 3 Month Average | 5.046 % | £2,422 | £50,422 |
| 6 Month Average | 17.226 % | £8,268 | £56,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £137,107 | £135,000 | 110 BRIGHTON ROAD |
| 26 Jun 2023 | £67,350 | £66,000 | 189 BRIGHTON ROAD |
| 26 Jun 2023 | £67,350 | £66,000 | 187 BRIGHTON ROAD |
| 12 Jun 2023 | £153,067 | £150,000 | 227 WHITEHALL ROAD |
| 24 Mar 2023 | £203,397 | £200,000 | 169 WHITEHALL ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Apr 2014. Using an estimated price of £48,226 means this house is valued at £753 per sq meter (£70 per sq foot).
The average size of a house on HYDE PARK STREET is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brighton Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brighton Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brighton Road |
| Aug 2024 | Anti-social behaviour | On or near Brighton Road | |
| Aug 2024 | Anti-social behaviour | On or near Brighton Road |