£80,097
This estimated value is based upon the latest sale price for the house of £66,800 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £66,800 | 21 Aug 2020 |
| £27,500 | 11 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £66,800 results in an estimated price of approximately £80,097.
| 21 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £66,800 | £13,297 | £80,097 |
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 | 46.227 % | £30,879 | £97,679 |
| 3 Month Average | 22.770 % | £15,210 | £82,010 |
| 6 Month Average | 18.444 % | £12,320 | £79,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £87,055 | £86,000 | 53 CROYDON ROAD |
| 5 Jun 2023 | £126,533 | £125,000 | 25 DILSTON ROAD |
| 5 Apr 2023 | £96,034 | £95,000 | 72 DILSTON ROAD |
| 31 Mar 2023 | £116,094 | £115,000 | 121 TAMWORTH ROAD |
| 17 Mar 2023 | £70,666 | £70,000 | 103 DILSTON ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 Aug 2019. Using an estimated price of £80,098 means this house is valued at £1,232 per sq meter (£114 per sq foot).
The average size of a house on CROYDON ROAD is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Under investigation | On or near Tamworth Road |
| Mar 2024 | Other crime | Under investigation | On or near Tamworth Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tamworth Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tamworth Road |
| Dec 2023 | Other crime | Under investigation | On or near Tamworth Road |