£108,065
This estimated value is based upon the latest sale price for the house of £85,001 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,001 | 6 Oct 2017 |
| £39,999 | 6 Oct 2017 |
| £122,000 | 25 Jan 2007 |
| £17,000 | 11 Mar 2002 |
| Terraced |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £85,001 results in an estimated price of approximately £108,065.
| 6 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £85,001 | £23,064 | £108,065 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 30.408 % | £25,847 | £110,848 |
| 3 Month Average | 36.376 % | £30,919 | £115,920 |
| 6 Month Average | 25.907 % | £22,021 | £107,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £112,865 | £110,000 | 5 CARIS STREET |
| 29 Jun 2023 | £59,186 | £58,000 | 7 CARIS STREET |
| 23 Nov 2022 | £123,423 | £124,000 | 61 DECKHAM TERRACE |
| 11 Nov 2022 | £67,684 | £68,000 | 12 CARIS STREET |
| 11 Nov 2022 | £67,684 | £68,000 | 14 CARIS STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 3 Dec 2021. Using an estimated price of £108,065 means this house is valued at £1,801 per sq meter (£167 per sq foot).
The average size of a house on DECKHAM TERRACE is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Deckham Terrace |
| Sep 2024 | Drugs | Under investigation | On or near Deckham Street |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Deckham Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Deckham Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Caris Street |