£160,000
This estimated value is based upon the latest sale price for the house of £160,000 on 3 May 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£160,000 | 3 May 2023 |
£100,000 | 12 Oct 2021 |
£78,000 | 7 Nov 2016 |
£85,000 | 30 Mar 2012 |
Terraced |
Freehold |
Floor Area: 150 sq meters or 1,614 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 2023 the House Price Index for TYNE AND WEAR was 146.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £160,000 results in an estimated price of approximately £160,000.
3 May 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 146.7 | 0.000 % | £160,000 | £0 | £160,000 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | -3.125 % | £-5,000 | £155,000 |
3 Month Average | 0.010 % | £15 | £160,015 |
6 Month Average | 18.846 % | £30,153 | £190,153 |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 16 Oct 2015.
The average size of a house on COLLINGWOOD TERRACE is 78 sq meters (849 sq feet).
This house is the largest in the street with a floor area of 150 sq meters (1,614 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Railway Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Railway Street |
Dec 2023 | Anti-social behaviour | On or near Grebe Close | |
Dec 2023 | Anti-social behaviour | On or near Grebe Close | |
Dec 2023 | Anti-social behaviour | On or near Grebe Close |