£227,584
This estimated value is based upon the latest sale price for the house of £135,000 on 24 May 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £135,000 | 24 May 2013 |
| £132,000 | 30 Sep 2005 |
| £48,500 | 16 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 809 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 May 2013 the House Price Index for TYNE AND WEAR was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £135,000 results in an estimated price of approximately £227,584.
| 24 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £135,000 | £92,584 | £227,584 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | 80.171 % | £108,230 | £243,230 |
| 3 Month Average | 54.801 % | £73,980 | £208,980 |
| 6 Month Average | 37.344 % | £50,414 | £185,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £88,358 | £87,000 | 12 BREAMISH STREET |
| 6 Dec 2023 | £206,340 | £200,000 | 30 ETTRICK ROAD |
| 30 Nov 2023 | £71,823 | £70,000 | 20 BREAMISH STREET |
| 29 Nov 2023 | £225,730 | £220,000 | 55 BREAMISH STREET |
| 27 Oct 2023 | £235,345 | £230,000 | 24 SHERBURN GRANGE NORTH |
This house has a floor area of 75 sq meters or 809 sq feet when measured on 6 May 2011. Using an estimated price of £227,584 means this house is valued at £3,025 per sq meter (£281 per sq foot).
The average size of a house on ETTRICK ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Teviot Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Teviot Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Breamish Street |
| Jul 2024 | Drugs | Awaiting court outcome | On or near Breamish Street |
| Jul 2024 | Anti-social behaviour | On or near Sherburn Grange North |