£1,218,195
This estimated value is based upon the latest sale price for the house of £727,500 on 21 May 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £727,500 | 21 May 2010 |
| £460,000 | 4 Mar 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 237 sq meters or 2,561 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 May 2010 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.450%.Applying this 67.450% change to the original purchase price of £727,500 results in an estimated price of approximately £1,218,195.
| 21 May 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 146.7 | 67.450 % | £727,500 | £490,695 | £1,218,195 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 16.598 % | £120,752 | £848,252 |
| 3 Month Average | 9.959 % | £72,451 | £799,951 |
| 6 Month Average | 23.969 % | £174,370 | £901,870 |
This house has a floor area of 237 sq meters or 2,561 sq feet when measured on 27 Jan 2010.
The average size of a house on RECTORY ROAD is 169 sq meters (1,827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rectory Avenue |
| Mar 2024 | Anti-social behaviour | On or near Rectory Drive | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grove Park Crescent |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Balmoral Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Rectory Terrace |