£257,593
This estimated value is based upon the latest sale price for the house of £205,000 on 11 May 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £205,000 | 11 May 2018 |
| £200,000 | 22 Jun 2007 |
| £155,000 | 22 Feb 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 104 sq meters or 1,119 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 May 2018 the House Price Index for TYNE AND WEAR was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £205,000 results in an estimated price of approximately £257,593.
| 11 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £205,000 | £52,593 | £257,593 |
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 | 71.451 % | £146,474 | £351,474 |
| 3 Month Average | 20.930 % | £42,905 | £247,905 |
| 6 Month Average | 61.028 % | £125,106 | £330,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £94,909 | £92,500 | 66 CURZON PLACE |
| 10 Nov 2023 | £120,047 | £117,000 | 42 CURZON PLACE |
| 29 Jun 2023 | £155,108 | £152,000 | 119 CURZON PLACE |
| 9 Jun 2023 | £122,454 | £120,000 | 116 CURZON PLACE |
| 15 Sep 2022 | £89,940 | £90,000 | 104 CURZON PLACE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 24 Mar 2018. Using an estimated price of £257,593 means this house is valued at £2,476 per sq meter (£230 per sq foot).
The average size of a house on CURZON PLACE is 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Half Moon Lane |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Wellington Street |