£42,291
This estimated value is based upon the latest sale price for the house of £33,500 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £33,500 | 29 Mar 2018 |
| £35,000 | 12 Dec 2017 |
| £67,500 | 3 Aug 2007 |
| £116,000 | 3 Aug 2007 |
| £75,000 | 27 Feb 2004 |
| £59,000 | 24 Nov 2003 |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 March 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £33,500 results in an estimated price of approximately £42,291.
| 29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £33,500 | £8,791 | £42,291 |
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 | 59.667 % | £19,988 | £53,488 |
| 3 Month Average | 50.964 % | £17,072 | £50,572 |
| 6 Month Average | 40.457 % | £13,553 | £47,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jul 2024 | £100,000 | £100,000 | 218 ORPINGTON AVENUE |
| 30 May 2024 | £100,000 | £100,000 | 398 GRACE STREET |
| 28 Sep 2023 | £58,285 | £57,000 | 369 BENSON ROAD |
| 16 Jun 2023 | £88,269 | £86,500 | 392 GRACE STREET |
| 13 Jan 2023 | £99,265 | £99,000 | 184 BENSON ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 30 Oct 2017. Using an estimated price of £42,292 means this house is valued at £755 per sq meter (£70 per sq foot).
The average size of a house on SCARBOROUGH ROAD is 62 sq meters (671 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Alfred Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Alfred Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Alfred Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Alfred Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Alfred Street |