£200,150
This estimated value is based upon the latest sale price for the house of £82,500 on 10 Mar 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £82,500 | 10 Mar 2003 |
| £40,000 | 16 Jan 1998 |
| £22,000 | 4 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
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 2003 the House Price Index for TYNE AND WEAR was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £82,500 results in an estimated price of approximately £200,150.
| 10 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 148.6 | 142.606 % | £82,500 | £117,650 | £200,150 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 103.429 % | £85,328 | £167,828 |
| 3 Month Average | 95.507 % | £78,793 | £161,293 |
| 6 Month Average | 107.891 % | £89,009 | £171,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £129,010 | £127,100 | 45 ROBSON STREET |
| 17 Mar 2023 | £114,075 | £113,000 | 37 ROBSON STREET |
| 20 May 2022 | £254,801 | £250,000 | 114 KELLS LANE |
| 25 Mar 2022 | £243,522 | £235,000 | 20 WESLEY STREET |
| 11 Feb 2022 | £95,431 | £91,000 | 46 DEAN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Wesley Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lowrey'S Lane |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lowrey'S Lane |