£82,768
This estimated value is based upon the latest sale price for the house of £67,000 on 31 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £67,000 | 31 Jan 2019 |
| £91,000 | 8 Mar 2007 |
| £27,500 | 1 Apr 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 January 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £67,000 results in an estimated price of approximately £82,768.
| 31 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £67,000 | £15,768 | £82,768 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 4.415 % | £2,958 | £69,958 |
| 3 Month Average | 20.519 % | £13,747 | £80,747 |
| 6 Month Average | 16.825 % | £11,272 | £78,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £89,140 | £88,000 | 17 CASTLESIDE ROAD |
| 2 Jun 2023 | £87,055 | £86,000 | 31 TANTOBIE ROAD |
| 9 Mar 2023 | £77,228 | £76,500 | 55 CASTLESIDE ROAD |
| 27 Jan 2023 | £82,113 | £82,500 | 69 CASTLESIDE ROAD |
| 20 Jan 2023 | £69,672 | £70,000 | 28 TANTOBIE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 May 2017. Using an estimated price of £82,769 means this house is valued at £1,103 per sq meter (£102 per sq foot).
The average size of a house on CASTLESIDE ROAD is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Whickham View |
| Jan 2024 | Public order | Under investigation | On or near Whickham View |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Whickham View |
| Dec 2023 | Vehicle crime | Under investigation | On or near Whickham View |
| Mar 2024 | Anti-social behaviour | On or near Burnopfield Gardens |