£213,151
This estimated value is based upon the latest sale price for the house of £105,000 on 28 May 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £105,000 | 28 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2004 the House Price Index for TYNE AND WEAR was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £105,000 results in an estimated price of approximately £213,151.
| 28 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £105,000 | £108,151 | £213,151 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 133.332 % | £139,999 | £244,999 |
| 3 Month Average | 100.491 % | £105,515 | £210,515 |
| 6 Month Average | 91.866 % | £96,459 | £201,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £101,560 | £100,000 | 150 STANTON STREET |
| 31 Oct 2023 | £194,416 | £190,000 | 67 CROYDON ROAD |
| 19 Jun 2023 | £87,759 | £86,000 | 53 CROYDON ROAD |
| 31 Mar 2023 | £116,953 | £115,000 | 121 TAMWORTH ROAD |
| 27 Jan 2023 | £86,732 | £86,500 | 152 TAMWORTH ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 5 Jun 2018. Using an estimated price of £213,152 means this house is valued at £3,229 per sq meter (£300 per sq foot).
The average size of a house on TAMWORTH ROAD is 75 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tamworth Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Tamworth Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Tamworth Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tamworth Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Tamworth Road |