£81,544
This estimated value is based upon the latest sale price for the house of £66,000 on 22 Nov 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 |
|---|---|
| £66,000 | 22 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £66,000 results in an estimated price of approximately £81,544.
| 22 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £66,000 | £15,544 | £81,544 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | 130.075 % | £85,849 | £151,849 |
| 3 Month Average | 36.985 % | £24,409 | £90,409 |
| 6 Month Average | 16.560 % | £10,929 | £76,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £161,402 | £160,000 | 134 ALBERT ROAD |
| 17 Nov 2023 | £222,652 | £217,000 | 62 CROFT TERRACE |
| 31 Mar 2023 | £254,246 | £250,000 | FLAT 1 NOLAN HALL, 47 CONCORDE WAY |
| 10 Mar 2023 | £223,736 | £220,000 | 38 CROFT TERRACE |
| 10 Mar 2023 | £111,868 | £110,000 | 60 WUPPERTAL COURT |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Aug 2019. Using an estimated price of £81,545 means this house is valued at £867 per sq meter (£80 per sq foot).
The average size of a house on WUPPERTAL COURT is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wuppertal Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Croft Terrace |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Croft Terrace |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Croft Terrace |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Croft Terrace |