£154,791
This estimated value is based upon the latest sale price for the house of £89,950 on 24 Sep 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£89,950 | 24 Sep 2008 |
£72,000 | 29 Nov 2004 |
£24,000 | 27 Jun 2000 |
£27,000 | 29 Sep 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 2008 the House Price Index for TYNE AND WEAR was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.086%.Applying this 72.086% change to the original purchase price of £89,950 results in an estimated price of approximately £154,791.
24 Sep 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 148.6 | 72.086 % | £89,950 | £64,841 | £154,791 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 33.390 % | £30,034 | £119,984 |
3 Month Average | 44.126 % | £39,691 | £129,641 |
6 Month Average | 28.873 % | £25,971 | £115,921 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £86,101 | £85,000 | 4 WOODLANDS TERRACE |
23 Jun 2023 | £78,956 | £78,000 | 54 HEWITSON TERRACE |
23 Jun 2023 | £39,478 | £39,000 | 18 HEWITSON TERRACE |
6 Jan 2023 | £54,742 | £55,000 | 37 WOODLANDS TERRACE |
14 Apr 2022 | £77,235 | £75,000 | 30 FALLA PARK CRESCENT |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 6 Apr 2018. Using an estimated price of £154,791 means this house is valued at £2,457 per sq meter (£228 per sq foot).
The average size of a house on CLARKE TERRACE is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Drugs | Awaiting court outcome | On or near Clarke Terrace |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clarke Terrace |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tarlton Crescent |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Tarlton Crescent |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Woodlands Terrace |