£293,211
This estimated value is based upon the latest sale price for the house of £59,950 on 31 Oct 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,950 | 31 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 October 1997 the House Price Index for TYNE AND WEAR was 30.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 389.093%.Applying this 389.093% change to the original purchase price of £59,950 results in an estimated price of approximately £293,211.
| 31 Oct 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 146.7 | 389.093 % | £59,950 | £233,261 | £293,211 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | 140.996 % | £84,527 | £144,477 |
| 3 Month Average | 164.390 % | £98,552 | £158,502 |
| 6 Month Average | 197.441 % | £118,366 | £178,316 |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 24 Oct 2018.
The average size of a house on BOROUGH ROAD is 163 sq meters (1,759 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Borough Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Borough Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elberfeld Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elberfeld Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elberfeld Court |