£310,256
This estimated value is based upon the latest sale price for the house of £180,000 on 2 Dec 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£180,000 | 2 Dec 2011 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 December 2011 the House Price Index for TYNE AND WEAR was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £180,000 results in an estimated price of approximately £310,256.
2 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.365 % | £180,000 | £130,256 | £310,256 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 74.562 % | £134,211 | £314,211 |
3 Month Average | 45.788 % | £82,417 | £262,417 |
6 Month Average | 36.501 % | £65,701 | £245,701 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Apr 2023 | £252,721 | £250,000 | 6 RELTON TERRACE |
24 Feb 2023 | £464,687 | £465,000 | 20 SEATON CRESCENT |
10 Jun 2022 | £324,587 | £320,000 | 3 LYNDHURST ROAD |
1 Dec 2021 | £391,053 | £365,000 | 15 RELTON TERRACE |
26 Aug 2021 | £691,682 | £620,000 | 37 FRONT STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 8 Nov 2009. Using an estimated price of £310,257 means this house is valued at £3,693 per sq meter (£343 per sq foot).
The average size of a house on RELTON TERRACE is 112 sq meters (1,211 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Percy Terrace |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lyndhurst Road |
Mar 2024 | Anti-social behaviour | On or near Coronation Crescent |