£216,094
This estimated value is based upon the latest sale price for the house of £207,000 on 1 Mar 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 |
|---|---|
| £207,000 | 1 Mar 2022 |
| £166,250 | 12 Jun 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 March 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £207,000 results in an estimated price of approximately £216,094.
| 1 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £207,000 | £9,094 | £216,094 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -24.434 % | £-50,577 | £156,422 |
| 3 Month Average | 13.623 % | £28,199 | £235,199 |
| 6 Month Average | 2.572 % | £5,323 | £212,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £144,672 | £141,000 | 18 NORTH MAIN COURT |
| 15 Mar 2023 | £159,666 | £157,000 | 36 NORTH MAIN COURT |
| 11 Nov 2022 | £132,381 | £133,000 | 108 NORTH MAIN COURT |
| 12 Aug 2022 | £50,235 | £50,000 | 74 NORTH MAIN COURT |
| 27 May 2022 | £138,611 | £135,000 | 142 NORTH MAIN COURT |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 20 May 2021. Using an estimated price of £216,094 means this house is valued at £1,946 per sq meter (£180 per sq foot).
The average size of a house on NORTH MAIN COURT is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Brass Thill Way |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bents Park Road |
| Aug 2024 | Anti-social behaviour | On or near Bents Park Road | |
| Aug 2024 | Anti-social behaviour | On or near Bents Park Road | |
| Jul 2024 | Anti-social behaviour | On or near Bents Park Road |