£117,308
This estimated value is based upon the latest sale price for the house of £100,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £100,000 | 23 Oct 2020 |
| £85,000 | 30 Nov 2005 |
| £49,950 | 7 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 649 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £100,000 results in an estimated price of approximately £117,308.
| 23 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £100,000 | £17,308 | £117,308 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -22.770 % | £-22,769 | £77,230 |
| 3 Month Average | -6.590 % | £-6,590 | £93,409 |
| 6 Month Average | -2.941 % | £-2,940 | £97,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £262,295 | £260,000 | 52 LISLE ROAD |
| 10 Mar 2023 | £90,856 | £90,000 | 13 THE HIGH ROAD |
| 3 Mar 2023 | £141,332 | £140,000 | 9 BOROUGH ROAD |
| 24 Jan 2023 | £89,578 | £90,000 | 6 DUNLOP CRESCENT |
| 20 Jan 2023 | £131,381 | £132,000 | 10 GLOUCESTER PLACE |
This house has a floor area of 60 sq meters or 649 sq feet when measured on 9 Jul 2010. Using an estimated price of £117,308 means this house is valued at £1,943 per sq meter (£180 per sq foot).
The average size of a house on THE HIGH ROAD is 73 sq meters (787 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (649 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The High Road |
| Mar 2024 | Anti-social behaviour | On or near The High Road | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The High Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The High Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near The High Road |