£239,862
This estimated value is based upon the latest sale price for the house of £170,000 on 19 Aug 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £170,000 | 19 Aug 2015 |
| £42,000 | 30 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 August 2015 the House Price Index for TYNE AND WEAR was 104.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 41.095%.Applying this 41.095% change to the original purchase price of £170,000 results in an estimated price of approximately £239,862.
| 19 Aug 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 146.7 | 41.095 % | £170,000 | £69,862 | £239,862 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 81.034 % | £137,758 | £307,758 |
| 3 Month Average | 23.811 % | £40,477 | £210,477 |
| 6 Month Average | 20.679 % | £35,155 | £205,155 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 10 Apr 2015.
The average size of a house on DEAN TERRACE is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tower Gardens |
| Feb 2024 | Public order | Under investigation | On or near Lane Head |
| Jan 2024 | Shoplifting | Under investigation | On or near Lane Head |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lane Head |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lane Head |