£410,322
This estimated value is based upon the latest sale price for the house of £323,000 on 31 May 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 |
|---|---|
| £323,000 | 31 May 2017 |
| £317,500 | 16 Jun 2015 |
| £250,000 | 23 Feb 2006 |
| Terraced |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £323,000 results in an estimated price of approximately £410,322.
| 31 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 146.7 | 27.035 % | £323,000 | £87,322 | £410,322 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 28.369 % | £91,632 | £414,632 |
| 3 Month Average | 16.763 % | £54,143 | £377,143 |
| 6 Month Average | 23.234 % | £75,044 | £398,044 |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 26 Feb 2015.
The average size of a house on ALWINTON TERRACE is 149 sq meters (1,608 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spital Terrace |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rothwell Road |
| Dec 2023 | Anti-social behaviour | On or near Alwinton Terrace | |
| Dec 2023 | Anti-social behaviour | On or near Alwinton Terrace | |
| Dec 2023 | Anti-social behaviour | On or near Alwinton Terrace |