£107,723
This estimated value is based upon the latest sale price for the house of £110,000 on 16 Sep 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £110,000 | 16 Sep 2022 |
| £47,000 | 15 Aug 2001 |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 September 2022 the House Price Index for TYNE AND WEAR was 149.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.069%.Applying this -2.069% change to the original purchase price of £110,000 results in an estimated price of approximately £107,723.
| 16 Sep 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 146.7 | -2.069 % | £110,000 | £-2,276 | £107,723 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | -15.031 % | £-16,534 | £93,465 |
| 3 Month Average | -26.846 % | £-29,531 | £80,468 |
| 6 Month Average | -15.698 % | £-17,267 | £92,732 |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 18 Dec 2019.
The average size of a house on ANCRUM STREET is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Under investigation | On or near Ancrum Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ancrum Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dunn'S Terrace |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Belle Grove Terrace |
| Feb 2024 | Vehicle crime | Under investigation | On or near Belle Grove Terrace |