£192,365
This estimated value is based upon the latest sale price for the house of £155,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £155,000 | 15 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 177 sq meters or 1,905 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 December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £155,000 results in an estimated price of approximately £192,365.
| 15 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £155,000 | £37,365 | £192,365 |
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 | 0.804 % | £1,246 | £156,246 |
| 3 Month Average | -0.134 % | £-208 | £154,791 |
| 6 Month Average | 10.684 % | £16,560 | £171,560 |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 18 Apr 2017.
The average size of a house on WESTOE ROAD is 135 sq meters (1,457 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near East Stevenson Street |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near East Stevenson Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near East Stevenson Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near East Stevenson Street |
| Jan 2024 | Drugs | Under investigation | On or near East Stevenson Street |