£83,715
This estimated value is based upon the latest sale price for the house of £59,500 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,500 | 30 Oct 2015 |
| £45,000 | 7 Aug 2015 |
| £15,000 | 1 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2015 the House Price Index for TYNE AND WEAR was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £59,500 results in an estimated price of approximately £83,715.
| 30 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £59,500 | £24,215 | £83,715 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | -1.962 % | £-1,167 | £58,332 |
| 3 Month Average | 25.962 % | £15,447 | £74,947 |
| 6 Month Average | 22.811 % | £13,572 | £73,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £80,981 | £80,000 | 258 BAXTERWOOD COURT STANHOPE STREET |
| 5 Apr 2023 | £50,544 | £50,000 | 65 NORTHCOTE STREET |
| 28 Feb 2023 | £169,886 | £170,000 | 74 NORMANTON TERRACE |
| 28 Feb 2023 | £169,886 | £170,000 | 76 NORMANTON TERRACE |
| 6 May 2022 | £45,864 | £45,000 | 9 PROSPECT COURT |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 17 Aug 2015. Using an estimated price of £83,716 means this house is valued at £1,418 per sq meter (£131 per sq foot).
The average size of a house on NORTHCOTE STREET is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Northcote Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Northcote Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Northcote Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Northcote Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Northcote Street |