£87,131
This estimated value is based upon the latest sale price for the house of £48,500 on 4 Sep 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £48,500 | 4 Sep 2009 |
| 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 September 2009 the House Price Index for TYNE AND WEAR was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £48,500 results in an estimated price of approximately £87,131.
| 4 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 149.7 | 79.652 % | £48,500 | £38,631 | £87,131 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 76.986 % | £37,338 | £85,838 |
| 3 Month Average | 36.819 % | £17,856 | £66,356 |
| 6 Month Average | 28.343 % | £13,746 | £62,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £137,107 | £135,000 | 110 BRIGHTON ROAD |
| 26 Jun 2023 | £67,350 | £66,000 | 189 BRIGHTON ROAD |
| 26 Jun 2023 | £67,350 | £66,000 | 187 BRIGHTON ROAD |
| 10 Nov 2022 | £74,651 | £75,000 | 105 HYDE PARK STREET |
| 19 Aug 2022 | £60,282 | £60,000 | 175 BRIGHTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brighton Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brighton Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brighton Road |
| Aug 2024 | Anti-social behaviour | On or near Brighton Road | |
| Aug 2024 | Anti-social behaviour | On or near Brighton Road |