£136,918
This estimated value is based upon the latest sale price for the house of £133,900 on 21 Sep 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £133,900 | 21 Sep 2023 |
| £159,950 | 31 Oct 2007 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 970 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 September 2023 the House Price Index for TYNE AND WEAR was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £133,900 results in an estimated price of approximately £136,918.
| 21 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £133,900 | £3,018 | £136,918 |
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 | 47.639 % | £63,788 | £197,688 |
| 3 Month Average | 16.208 % | £21,702 | £155,602 |
| 6 Month Average | 17.010 % | £22,776 | £156,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £66,693 | £65,000 | 38 WORDSWORTH STREET |
| 21 Sep 2023 | £136,918 | £133,900 | 69 CEMETERY ROAD |
| 9 Jun 2023 | £94,392 | £92,500 | 76 WORDSWORTH STREET |
| 13 Feb 2023 | £102,183 | £101,500 | 43 MILTON SQUARE |
| 30 Nov 2022 | £74,651 | £75,000 | 57 MILTON SQUARE |
This house has a floor area of 90 sq meters or 970 sq feet when measured on 20 Aug 2009. Using an estimated price of £136,918 means this house is valued at £1,517 per sq meter (£141 per sq foot).
The average size of a house on CEMETERY ROAD is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Marlowe Gardens |
| Oct 2024 | Public order | Under investigation | On or near Sutherland Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sutherland Street |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sutherland Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sutherland Street |