£206,081
This estimated value is based upon the latest sale price for the house of £55,000 on 28 Jul 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £55,000 | 28 Jul 2000 |
| £48,000 | 19 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2000 the House Price Index for TYNE AND WEAR was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £55,000 results in an estimated price of approximately £206,081.
| 28 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 149.7 | 274.694 % | £55,000 | £151,081 | £206,081 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 360.665 % | £198,365 | £253,365 |
| 3 Month Average | 347.553 % | £191,154 | £246,154 |
| 6 Month Average | 284.344 % | £156,389 | £211,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £189,818 | £185,000 | 39 WARWICK STREET |
| 12 Jun 2023 | £168,374 | £165,000 | 80 HOTSPUR STREET |
| 1 Mar 2023 | £239,551 | £235,550 | 23 WARWICK STREET |
| 23 Feb 2023 | £231,547 | £230,000 | 56 WARWICK STREET |
| 30 Jan 2023 | £205,549 | £205,000 | 70 WARWICK STREET |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 9 Aug 2021. Using an estimated price of £206,082 means this house is valued at £1,944 per sq meter (£180 per sq foot).
The average size of a house on WARWICK STREET is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Vehicle crime | Under investigation | On or near Hotspur Street |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Hotspur Street |
| Nov 2024 | Anti-social behaviour | On or near Hotspur Street | |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hotspur Street |
| Oct 2024 | Public order | Under investigation | On or near Hotspur Street |