£149,500
This estimated value is based upon the latest sale price for the house of £120,000 on 18 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Cuthbert Street
More crime details
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| Price Paid | Date |
|---|---|
| £120,000 | 18 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 April 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £120,000 results in an estimated price of approximately £149,500.
| 18 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £120,000 | £29,500 | £149,500 |
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 | 1.667 % | £2,000 | £122,000 |
| 3 Month Average | 50.758 % | £60,909 | £180,909 |
| 6 Month Average | 35.385 % | £42,462 | £162,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2022 | £194,092 | £195,000 | 38 BRIDGES VIEW |
| 25 Aug 2022 | £251,174 | £250,000 | 26 SOUTH HILL ROAD |
| 31 May 2022 | £46,204 | £45,000 | 20 MARIAN COURT |
| 8 Apr 2022 | £46,684 | £45,000 | 9 MARIAN COURT |
| 18 Jan 2022 | £137,826 | £130,000 | 58 SOUTH HILL ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 27 Nov 2018. Using an estimated price of £149,500 means this house is valued at £1,625 per sq meter (£150 per sq foot).
The average size of a house on MARIAN COURT is 86 sq meters (927 sq feet).
This house is the largest in the street with a floor area of 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cuthbert Street |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cuthbert Street |
| Oct 2024 | Shoplifting | Under investigation | On or near Cuthbert Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cuthbert Street |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Cuthbert Street |