£178,066
This estimated value is based upon the latest sale price for the house of £31,500 on 20 Apr 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £31,500 | 20 Apr 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 April 1995 the House Price Index for TYNE AND WEAR was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £31,500 results in an estimated price of approximately £178,066.
| 20 Apr 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 465.290 % | £31,500 | £146,566 | £178,066 |
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 | 289.987 % | £91,345 | £122,845 |
| 3 Month Average | 293.555 % | £92,469 | £123,969 |
| 6 Month Average | 264.845 % | £83,426 | £114,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £50,942 | £50,500 | 5 MARLBOROUGH COURT |
| 1 Mar 2024 | £210,738 | £207,500 | 98 BEDE BURN ROAD |
| 30 Nov 2023 | £57,972 | £56,500 | 53 WELLESLEY STREET |
| 1 Sep 2023 | £112,480 | £110,000 | 4 WELLESLEY STREET |
| 24 Mar 2023 | £233,906 | £230,000 | 8 WANSBECK ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 28 Feb 2015. Using an estimated price of £178,066 means this house is valued at £3,359 per sq meter (£312 per sq foot).
The average size of a house on MARLBOROUGH COURT is 53 sq meters (574 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bede Burn Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wansbeck Road |
| Sep 2024 | Anti-social behaviour | On or near Havelock Terrace | |
| Sep 2024 | Anti-social behaviour | On or near Havelock Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Havelock Terrace |