£85,270
This estimated value is based upon the latest sale price for the house of £70,000 on 6 Jul 2020. 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 Middle Street East
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| Price Paid | Date |
|---|---|
| £70,000 | 6 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £70,000 results in an estimated price of approximately £85,270.
| 6 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £70,000 | £15,270 | £85,270 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 17.559 % | £12,291 | £82,291 |
| 3 Month Average | 43.428 % | £30,399 | £100,399 |
| 6 Month Average | 31.880 % | £22,316 | £92,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £78,000 | £78,000 | 717 WELBECK ROAD |
| 19 Apr 2024 | £125,086 | £124,000 | 36 BLACKWELL AVENUE |
| 28 Apr 2023 | £134,516 | £132,000 | 75 BLACKWELL AVENUE |
| 21 Apr 2023 | £69,806 | £68,500 | 27 WESTBOURNE GARDENS |
| 10 Mar 2023 | £169,836 | £167,000 | 4 LANGDALE GARDENS |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 5 Nov 2019. Using an estimated price of £85,271 means this house is valued at £1,079 per sq meter (£100 per sq foot).
The average size of a house on WESTBOURNE GARDENS is 115 sq meters (1,243 sq feet).
This house is the largest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Burglary | Under investigation | On or near Middle Street East |
| Nov 2024 | Public order | Under investigation | On or near Middle Street East |
| Nov 2024 | Other theft | Under investigation | On or near Middle Street East |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Middle Street East |
| Oct 2024 | Anti-social behaviour | On or near Middle Street East |