£187,252
This estimated value is based upon the latest sale price for the house of £183,000 on 11 Oct 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 |
|---|---|
| £183,000 | 11 Oct 2023 |
| £115,000 | 11 Apr 2022 |
| £115,000 | 11 Apr 2022 |
| £75,000 | 25 Oct 2002 |
| £45,950 | 24 Nov 2000 |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 October 2023 the House Price Index for TYNE AND WEAR was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £183,000 results in an estimated price of approximately £187,252.
| 11 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £183,000 | £4,252 | £187,252 |
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 | 63.799 % | £116,752 | £299,752 |
| 3 Month Average | 8.906 % | £16,297 | £199,297 |
| 6 Month Average | 7.086 % | £12,967 | £195,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £340,462 | £330,000 | 71 ADDYCOMBE TERRACE |
| 11 Oct 2023 | £187,253 | £183,000 | 74 ADDYCOMBE TERRACE |
| 27 Sep 2023 | £143,156 | £140,000 | 122 ADDYCOMBE TERRACE |
| 9 Jun 2023 | £159,190 | £156,000 | 37 ADDYCOMBE TERRACE |
| 31 Mar 2023 | £158,649 | £156,000 | 124 ADDYCOMBE TERRACE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 17 Jun 2020. Using an estimated price of £187,253 means this house is valued at £2,794 per sq meter (£259 per sq foot).
The average size of a house on ADDYCOMBE TERRACE is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Biddlestone Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Sackville Road |
| Nov 2024 | Public order | Investigation complete; no suspect identified | On or near Sackville Road |
| Nov 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sackville Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sackville Road |