£63,359
This estimated value is based upon the latest sale price for the house of £26,000 on 25 Jul 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£26,000 | 25 Jul 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 2003 the House Price Index for TYNE AND WEAR was 42.8.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 143.692%.Applying this 143.692% change to the original purchase price of £26,000 results in an estimated price of approximately £63,359.
25 Jul 2003 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.8 | 104.3 | 143.692 % | £26,000 | £37,359 | £63,359 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 263.774 % | £68,581 | £94,581 |
3 Month Average | 145.754 % | £37,896 | £63,896 |
6 Month Average | 145.093 % | £37,724 | £63,724 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2024 | £63,021 | £60,000 | GROUND FLOOR FLAT 285 SCARBOROUGH ROAD |
28 Sep 2023 | £60,602 | £57,000 | 369 BENSON ROAD |
16 Jun 2023 | £91,593 | £86,500 | 392 GRACE STREET |
13 Jan 2023 | £103,257 | £99,000 | 184 BENSON ROAD |
22 Dec 2022 | £62,393 | £60,000 | 335 BENSON ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 14 Jan 2015. Using an estimated price of £63,360 means this house is valued at £990 per sq meter (£91 per sq foot).
The average size of a house on SCARBOROUGH ROAD is 62 sq meters (671 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Under investigation | On or near Alfred Street |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Alfred Street |
Feb 2025 | Drugs | Under investigation | On or near Alfred Street |
Apr 2025 | Other crime | Under investigation | On or near Cleadon Street |
Feb 2025 | Possession of weapons | Under investigation | On or near Cleadon Street |