£86,989
This estimated value is based upon the latest sale price for the house of £70,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £70,000 | 14 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 December 2018 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 24.271%.Applying this 24.271% change to the original purchase price of £70,000 results in an estimated price of approximately £86,989.
| 14 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £70,000 | £16,989 | £86,989 |
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 | 101.583 % | £71,108 | £141,108 |
| 3 Month Average | 24.402 % | £17,081 | £87,081 |
| 6 Month Average | 34.647 % | £24,253 | £94,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £81,859 | £80,000 | 3 MARIE CURIE DRIVE |
| 13 Oct 2023 | £81,859 | £80,000 | 4 ASHTREE CLOSE |
| 21 Sep 2023 | £126,795 | £124,000 | 3 ST MICHAELS CLOSE |
| 24 Feb 2023 | £151,009 | £150,000 | 101 BENTINCK ROAD |
| 23 Nov 2022 | £175,679 | £176,500 | 14 BENTINCK CRESCENT |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 14 Nov 2014. Using an estimated price of £86,990 means this house is valued at £1,115 per sq meter (£103 per sq foot).
The average size of a house on DURHAM STREET is 115 sq meters (1,245 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Durham Street |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Durham Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bentinck Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bentinck Street |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Bentinck Street |