£126,488
This estimated value is based upon the latest sale price for the house of £34,500 on 10 Nov 2000. 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 |
|---|---|
| £34,500 | 10 Nov 2000 |
| £27,000 | 29 Mar 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 November 2000 the House Price Index for TYNE AND WEAR was 40.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 266.635%.Applying this 266.635% change to the original purchase price of £34,500 results in an estimated price of approximately £126,488.
| 10 Nov 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 149.7 | 266.635 % | £34,500 | £91,988 | £126,488 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 361.977 % | £124,882 | £159,382 |
| 3 Month Average | 336.450 % | £116,075 | £150,575 |
| 6 Month Average | 256.954 % | £88,648 | £123,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £143,244 | £142,000 | 9 KING JOHN STREET |
| 15 Dec 2023 | £361,096 | £350,000 | 30 ROTHBURY TERRACE |
| 17 Nov 2023 | £128,256 | £125,000 | 54 MELDON TERRACE |
| 7 Nov 2023 | £152,881 | £149,000 | 62 KING JOHN STREET |
| 22 Sep 2023 | £174,088 | £170,250 | 40 MELDON TERRACE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 10 Jan 2013. Using an estimated price of £126,489 means this house is valued at £1,806 per sq meter (£167 per sq foot).
The average size of a house on MELDON TERRACE is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Anti-social behaviour | On or near King John Street | |
| Nov 2024 | Criminal damage and arson | Under investigation | On or near King John Street |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near King John Street |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near King John Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near King John Street |