£87,580
This estimated value is based upon the latest sale price for the house of £70,500 on 2 May 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £70,500 | 2 May 2018 |
| £84,950 | 1 Dec 2014 |
| £75,000 | 22 Aug 2003 |
| £32,000 | 30 Nov 2001 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 712 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 May 2018 the House Price Index for TYNE AND WEAR was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £70,500 results in an estimated price of approximately £87,580.
| 2 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £70,500 | £17,080 | £87,580 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 123.164 % | £86,830 | £157,330 |
| 3 Month Average | 22.722 % | £16,018 | £86,518 |
| 6 Month Average | 16.841 % | £11,872 | £82,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £288,944 | £288,944 | 44 NUNS MOOR ROAD |
| 28 Jul 2023 | £222,101 | £220,000 | 138 WINGROVE ROAD |
| 24 Jun 2022 | £267,765 | £265,051 | 35 CURTIS ROAD |
| 20 May 2022 | £189,822 | £187,000 | 148 WINGROVE ROAD |
| 6 Oct 2021 | £225,912 | £205,000 | 217 WINGROVE ROAD |
This house has a floor area of 66 sq meters or 712 sq feet when measured on 17 Aug 2010. Using an estimated price of £87,581 means this house is valued at £1,322 per sq meter (£122 per sq foot).
The average size of a house on NUNS MOOR ROAD is 117 sq meters (1,267 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Curtis Road | |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Curtis Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Curtis Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Curtis Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Curtis Road |