£154,253
This estimated value is based upon the latest sale price for the house of £145,000 on 3 Sep 2021. 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 |
|---|---|
| £145,000 | 3 Sep 2021 |
| £32,500 | 30 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £145,000 results in an estimated price of approximately £154,253.
| 3 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £145,000 | £9,253 | £154,253 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | -17.253 % | £-25,017 | £119,982 |
| 3 Month Average | -8.538 % | £-12,380 | £132,619 |
| 6 Month Average | -15.434 % | £-22,379 | £122,620 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Jun 2021.
There is one other house on the street which we know the size of, this is 40 BEDE WALK it is 88.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marr Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marr Road |
| Feb 2024 | Anti-social behaviour | On or near Adair Way | |
| Feb 2024 | Anti-social behaviour | On or near Adair Way | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Dorset Avenue |