£119,826
This estimated value is based upon the latest sale price for the house of £98,500 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £98,500 | 2 Nov 2018 |
| £120,000 | 26 Oct 2007 |
| £118,000 | 30 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 November 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £98,500 results in an estimated price of approximately £119,826.
| 2 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £98,500 | £21,326 | £119,826 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 85.624 % | £84,339 | £182,839 |
| 3 Month Average | 12.753 % | £12,561 | £111,061 |
| 6 Month Average | 17.067 % | £16,811 | £115,311 |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 10 Jan 2017.
The average size of a house on VICTORIA STREET is 72 sq meters (776 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wardle Terrace |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Wardle Terrace |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Wardle Terrace |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wardle Terrace |
| Jan 2024 | Anti-social behaviour | On or near Garden Terrace |