£278,490
This estimated value is based upon the latest sale price for the house of £160,000 on 26 Sep 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 |
|---|---|
| £160,000 | 26 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 September 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £160,000 results in an estimated price of approximately £278,490.
| 26 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £160,000 | £118,490 | £278,490 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 123.386 % | £197,418 | £357,418 |
| 3 Month Average | 119.128 % | £190,604 | £350,604 |
| 6 Month Average | 94.409 % | £151,054 | £311,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £162,939 | £160,000 | 155 DILSTON ROAD |
| 6 Jun 2023 | £66,329 | £65,000 | 235 TAMWORTH ROAD |
| 25 Nov 2022 | £80,623 | £81,000 | 209 TAMWORTH ROAD |
| 11 Apr 2022 | £114,116 | £110,000 | 309 STANTON STREET |
| 29 Sep 2021 | £81,418 | £75,000 | 279 STANTON STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 6 Aug 2021. Using an estimated price of £278,491 means this house is valued at £4,095 per sq meter (£380 per sq foot).
The average size of a house on TAMWORTH ROAD is 75 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Croydon Road |
| Oct 2024 | Anti-social behaviour | On or near Croydon Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Croydon Road |
| Sep 2024 | Anti-social behaviour | On or near Croydon Road | |
| Sep 2024 | Anti-social behaviour | On or near Croydon Road |