£132,028
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Mar 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £130,000 | 28 Mar 2024 |
| £95,000 | 5 Sep 2014 |
| £14,000 | 15 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 March 2024 the House Price Index for TYNE AND WEAR was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £130,000 results in an estimated price of approximately £132,028.
| 28 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £130,000 | £2,028 | £132,028 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 105.300 % | £136,890 | £266,890 |
| 3 Month Average | 21.586 % | £28,061 | £158,061 |
| 6 Month Average | 3.159 % | £4,106 | £134,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £132,028 | £130,000 | 209 NEWBURN ROAD |
| 16 Oct 2023 | £97,208 | £95,000 | 5 ELMFIELD ROAD |
| 4 Aug 2023 | £142,571 | £140,000 | 195 NEWBURN ROAD |
| 17 Mar 2023 | £123,309 | £121,250 | 4 FOSSE LAW |
| 29 Jul 2022 | £151,518 | £150,000 | 29B HALLOW DRIVE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 8 Jan 2014. Using an estimated price of £132,028 means this house is valued at £1,435 per sq meter (£133 per sq foot).
The average size of a house on NEWBURN ROAD is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Rye Close | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newburn Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Mayfield Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Mayfield Avenue |
| Jul 2024 | Anti-social behaviour | On or near Fosse Law |