£696,801
This estimated value is based upon the latest sale price for the house of £620,000 on 26 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Victoria Place
More crime details
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| Price Paid | Date |
|---|---|
| £620,000 | 26 Aug 2021 |
| £53,500 | 10 Oct 1995 |
| Detached |
| Freehold |
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 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £620,000 results in an estimated price of approximately £696,801.
| 26 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £620,000 | £76,801 | £696,801 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | -11.743 % | £-72,804 | £547,195 |
| 3 Month Average | -15.022 % | £-93,137 | £526,862 |
| 6 Month Average | -8.166 % | £-50,628 | £569,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2024 | £240,000 | £240,000 | 2 RELTON PLACE |
| 7 Aug 2023 | £300,418 | £295,000 | 26 BYGATE COURT CHAPEL LANE |
| 22 Jun 2023 | £168,374 | £165,000 | 21 BYGATE COURT CHAPEL LANE |
| 24 Feb 2023 | £468,127 | £465,000 | 20 SEATON CRESCENT |
| 30 Jan 2023 | £189,506 | £189,000 | 28 FRONT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Victoria Place |
| Sep 2024 | Burglary | Awaiting court outcome | On or near Coronation Crescent |
| Jul 2024 | Anti-social behaviour | On or near Coronation Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Coronation Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Coronation Crescent |