£266,092
This estimated value is based upon the latest sale price for the house of £216,000 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £216,000 | 10 Aug 2018 |
| £145,000 | 2 May 2013 |
| £179,350 | 15 Jul 2009 |
| £179,350 | 15 Jul 2009 |
| £74,500 | 1 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 294 sq meters or 3,164 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 August 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £216,000 results in an estimated price of approximately £266,092.
| 10 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £216,000 | £50,092 | £266,092 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | 22.533 % | £48,670 | £264,670 |
| 3 Month Average | -16.255 % | £-35,110 | £180,889 |
| 6 Month Average | 2.204 % | £4,761 | £220,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £183,617 | £182,500 | 50 OXFORD AVENUE |
| 3 Jul 2023 | £59,059 | £58,500 | 117 MARLBOROUGH STREET SOUTH |
| 27 Jan 2023 | £109,042 | £110,000 | 63 CANTERBURY STREET |
| 17 Aug 2022 | £85,919 | £86,500 | 42 OXFORD AVENUE |
| 17 Jun 2022 | £202,048 | £200,000 | 48 MORTIMER ROAD |
This house has a floor area of 294 sq meters or 3,164 sq feet when measured on 31 Jul 2016. Using an estimated price of £266,093 means this house is valued at £905 per sq meter (£84 per sq foot).
The average size of a house on MORTIMER ROAD is 122 sq meters (1,314 sq feet).
This house is the largest in the street with a floor area of 294 sq meters (3,164 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oxford Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oxford Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Oxford Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Albany Street West |
| Apr 2024 | Burglary | Under investigation | On or near Albany Street West |