£193,104
This estimated value is based upon the latest sale price for the house of £155,000 on 16 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £155,000 | 16 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 April 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £155,000 results in an estimated price of approximately £193,104.
| 16 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £155,000 | £38,104 | £193,104 |
The Postcode Pricing Model uses changes in average sales price within the NE39 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 | 9.297 % | £14,411 | £169,411 |
| 3 Month Average | -13.784 % | £-21,365 | £133,634 |
| 6 Month Average | -2.023 % | £-3,134 | £151,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £307,672 | £305,000 | DERWENT HOUSE STATION ROAD |
| 11 Mar 2024 | £91,404 | £90,000 | 5 SOUTH SHERBURN |
| 14 Jun 2022 | £393,410 | £385,000 | BRIZZOLARIS DIPWOOD ROAD |
| 14 Apr 2022 | £233,420 | £225,000 | THE NOOK STATION ROAD |
| 11 Mar 2022 | £85,603 | £82,000 | THE KITCHEN STATION ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 20 Apr 2018. Using an estimated price of £193,104 means this house is valued at £2,507 per sq meter (£232 per sq foot).
The average size of a house on NORMAN ROAD is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Middleton Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Middleton Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Middleton Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Middleton Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Middleton Avenue |