£261,441
This estimated value is based upon the latest sale price for the house of £165,000 on 16 Dec 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £165,000 | 16 Dec 2013 |
| £139,950 | 15 Apr 2004 |
| £51,000 | 13 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.450%.Applying this 58.450% change to the original purchase price of £165,000 results in an estimated price of approximately £261,441.
| 16 Dec 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 146.7 | 58.450 % | £165,000 | £96,441 | £261,441 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 55.925 % | £92,275 | £257,275 |
| 3 Month Average | 19.555 % | £32,266 | £197,266 |
| 6 Month Average | 24.168 % | £39,877 | £204,877 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 24 Jul 2015.
The average size of a house on CLIFF ROW is 92 sq meters (993 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Cliff Row |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cliff Row |
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Cliff Row |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |