£276,356
This estimated value is based upon the latest sale price for the house of £80,000 on 8 Mar 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 8 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 934 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 March 2001 the House Price Index for TYNE AND WEAR was 42.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 245.446%.Applying this 245.446% change to the original purchase price of £80,000 results in an estimated price of approximately £276,356.
| 8 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £80,000 | £196,356 | £276,356 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 185.733 % | £148,586 | £228,586 |
| 3 Month Average | 159.770 % | £127,816 | £207,816 |
| 6 Month Average | 177.349 % | £141,879 | £221,879 |
This house has a floor area of 86 sq meters or 934 sq feet when measured on 21 Jul 2010.
There is one other house on the street which we know the size of, this is 2 EDWARD STREET it is 105.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Archibald Street | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lansdowne Place |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lansdowne Place |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Regent Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Broomfield Road |