£145,211
This estimated value is based upon the latest sale price for the house of £117,500 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £117,500 | 6 Dec 2019 |
| £149,950 | 24 Nov 2006 |
| £85,000 | 30 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 886 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 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £117,500 results in an estimated price of approximately £145,211.
| 6 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £117,500 | £27,711 | £145,211 |
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 | 37.233 % | £43,748 | £161,248 |
| 3 Month Average | 43.225 % | £50,789 | £168,289 |
| 6 Month Average | 17.683 % | £20,777 | £138,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £193,000 | £193,000 | 69 NORTHBOURNE ROAD |
| 28 Jun 2024 | £75,000 | £75,000 | 57 NORTHBOURNE ROAD |
| 20 May 2024 | £38,250 | £38,250 | 46 NORTHBOURNE ROAD |
| 15 Apr 2024 | £156,358 | £155,000 | 186 ALBERT ROAD |
| 11 Apr 2024 | £186,621 | £185,000 | 20 PINE STREET |
This house has a floor area of 82 sq meters or 886 sq feet when measured on 29 Sep 2010. Using an estimated price of £145,212 means this house is valued at £1,762 per sq meter (£163 per sq foot).
The average size of a house on PINE STREET is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pine Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pine Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mayfield Gardens |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northbourne Road |
| Aug 2024 | Anti-social behaviour | On or near Northbourne Road |