£121,144
This estimated value is based upon the latest sale price for the house of £97,500 on 24 Jul 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £97,500 | 24 Jul 2019 |
| £107,000 | 26 Apr 2010 |
| £48,000 | 10 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £97,500 results in an estimated price of approximately £121,144.
| 24 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £97,500 | £23,644 | £121,144 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 137.284 % | £133,852 | £231,352 |
| 3 Month Average | 43.764 % | £42,669 | £140,169 |
| 6 Month Average | 28.680 % | £27,962 | £125,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £90,788 | £90,000 | 23 HERTFORD AVENUE |
| 6 Oct 2023 | £266,042 | £260,000 | 17 SUFFOLK GARDENS |
| 29 Sep 2023 | £119,637 | £117,000 | 9 DEVON GARDENS |
| 25 Aug 2023 | £44,554 | £43,750 | 36 DEVON GARDENS |
| 30 Nov 2022 | £293,627 | £295,000 | 50 MARSDEN LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 10 Oct 2018. Using an estimated price of £121,144 means this house is valued at £1,495 per sq meter (£138 per sq foot).
The average size of a house on CUMBERLAND PLACE is 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Lincoln Road |
| Jun 2024 | Public order | Under investigation | On or near Lincoln Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Devon Gardens |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Devon Gardens |
| Aug 2024 | Public order | Under investigation | On or near Devon Gardens |