£429,757
This estimated value is based upon the latest sale price for the house of £249,330 on 1 Dec 2011. 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 Oxford Street
More crime details
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| Price Paid | Date |
|---|---|
| £249,330 | 1 Dec 2011 |
| £315,000 | 2 Apr 2002 |
| Detached |
| Freehold |
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 2011 the House Price Index for TYNE AND WEAR was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £249,330 results in an estimated price of approximately £429,757.
| 1 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £249,330 | £180,427 | £429,757 |
The Postcode Pricing Model uses changes in average sales price within the NE1 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 | 37.412 % | £93,279 | £342,609 |
| 3 Month Average | 92.082 % | £229,588 | £478,918 |
| 6 Month Average | 60.055 % | £149,734 | £399,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £2,340,959 | £2,300,000 | QUEENS SQUARE NORTHUMBERLAND PLACE |
| 4 Aug 2023 | £195,712 | £194,000 | 9/19 55 DEGREES NORTH PILGRIM STREET |
| 27 Jul 2023 | £694,345 | £685,000 | 26 ST MARYS PLACE |
| 4 Jul 2023 | £1,551,228 | £1,530,350 | 17 CARLIOL SQUARE |
| 9 Jun 2023 | £156,901 | £155,000 | 20 BRADY & MARTIN COURT NORTHUMBERLAND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Oxford Street |