£179,040
This estimated value is based upon the latest sale price for the house of £90,000 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 |
|---|---|
| £90,000 | 28 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 Feb 2024 is 146.7 which is a change of 98.933%.Applying this 98.933% change to the original purchase price of £90,000 results in an estimated price of approximately £179,040.
| 28 May 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 146.7 | 98.933 % | £90,000 | £89,040 | £179,040 |
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 | -21.160 % | £-19,043 | £70,956 |
| 3 Month Average | 1.142 % | £1,028 | £91,028 |
| 6 Month Average | 32.813 % | £29,531 | £119,531 |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 2 Dec 2013.
There is one other house on the street which we know the size of, this is 1 GORDON STREET it is 69.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gordon Street |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Gordon Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Gordon Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stanhope Parade |
| Jan 2024 | Anti-social behaviour | On or near Stanhope Parade |