£157,944
This estimated value is based upon the latest sale price for the house of £58,195 on 13 Sep 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £58,195 | 13 Sep 2002 |
| £26,000 | 13 Apr 1995 |
| Terraced |
| 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 September 2002 the House Price Index for TYNE AND WEAR was 55.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 171.405%.Applying this 171.405% change to the original purchase price of £58,195 results in an estimated price of approximately £157,944.
| 13 Sep 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 149.7 | 171.405 % | £58,195 | £99,749 | £157,944 |
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 | 251.539 % | £146,383 | £204,578 |
| 3 Month Average | 183.939 % | £107,043 | £165,238 |
| 6 Month Average | 157.934 % | £91,909 | £150,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £163,050 | £160,000 | 61 YORK STREET |
| 5 Apr 2023 | £185,469 | £182,000 | 209 ALBERT ROAD |
| 31 Mar 2023 | £327,469 | £322,000 | 4 SURREY STREET |
| 10 Mar 2023 | £149,497 | £147,000 | 65 YORK STREET |
| 13 Feb 2023 | £201,345 | £200,000 | 215 ALBERT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kent Street |
| Aug 2024 | Shoplifting | Awaiting court outcome | On or near Kent Street |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kent Street |
| Aug 2024 | Drugs | Under investigation | On or near Surrey Street |
| Oct 2024 | Anti-social behaviour | On or near Park Road |