£174,143
This estimated value is based upon the latest sale price for the house of £174,500 on 14 Jun 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 |
---|---|
£174,500 | 14 Jun 2023 |
£145,000 | 20 Sep 2017 |
£135,000 | 18 Mar 2005 |
£58,500 | 21 Feb 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 June 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.204%.Applying this -0.204% change to the original purchase price of £174,500 results in an estimated price of approximately £174,143.
14 Jun 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 146.7 | -0.204 % | £174,500 | £-356 | £174,143 |
The Postcode Pricing Model uses changes in average sales price within the NE36 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 | -23.760 % | £-41,460 | £133,039 |
3 Month Average | -26.696 % | £-46,584 | £127,915 |
6 Month Average | -14.042 % | £-24,502 | £149,997 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 12 Feb 2014.
The average size of a house on FRONT STREET is 110 sq meters (1,188 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grange Terrace |
Dec 2023 | Anti-social behaviour | On or near Grange Terrace | |
Dec 2023 | Anti-social behaviour | On or near Grange Terrace | |
Dec 2023 | Anti-social behaviour | On or near Grange Terrace | |
Dec 2023 | Anti-social behaviour | On or near Grange Terrace |