£156,334
This estimated value is based upon the latest sale price for the house of £98,000 on 7 Feb 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £98,000 | 7 Feb 2014 |
| £110,000 | 26 Sep 2008 |
| £74,950 | 15 Aug 2003 |
| £31,000 | 31 Oct 2000 |
| Terraced |
| Freehold |
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 February 2014 the House Price Index for TYNE AND WEAR was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £98,000 results in an estimated price of approximately £156,334.
| 7 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £98,000 | £58,334 | £156,334 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 134.835 % | £132,138 | £230,138 |
| 3 Month Average | 36.491 % | £35,761 | £133,761 |
| 6 Month Average | 34.865 % | £34,167 | £132,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £201,952 | £197,500 | INGLESIDE ST AGNES VILLAS |
| 21 Apr 2023 | £81,525 | £80,000 | 28 MITCHELL STREET |
| 31 Oct 2022 | £127,574 | £128,000 | 9 HAWTHORN TERRACE |
| 19 Sep 2022 | £103,681 | £103,750 | 2 IVY TERRACE |
| 29 Jul 2022 | £121,215 | £120,000 | 8 HAWTHORN TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Supermarket |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Jun 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jun 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jun 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |