£11,803
This estimated value is based upon the latest sale price for the house of £5,172 on 15 Sep 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £5,172 | 15 Sep 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 September 2003 the House Price Index for TYNE AND WEAR was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £5,172 results in an estimated price of approximately £11,803.
| 15 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £5,172 | £6,631 | £11,803 |
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 | 70.107 % | £3,625 | £8,797 |
| 3 Month Average | 82.819 % | £4,283 | £9,455 |
| 6 Month Average | 106.003 % | £5,482 | £10,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £81,425 | £80,000 | 4 KINGSLEY TERRACE |
| 29 Sep 2023 | £114,464 | £113,000 | 20 LYNNWOOD TERRACE |
| 29 Sep 2023 | £114,464 | £113,000 | 22 LYNNWOOD TERRACE |
| 10 Aug 2023 | £236,065 | £234,000 | 10 LYNNWOOD TERRACE |
| 26 Jul 2023 | £81,091 | £80,000 | 81 HARTINGTON STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 18 Mar 2016. Using an estimated price of £11,803 means this house is valued at £173 per sq meter (£16 per sq foot).
The average size of a house on HARTINGTON STREET is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Hartington Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hartington Street |
| Dec 2023 | Anti-social behaviour | On or near Hartington Street | |
| Dec 2023 | Anti-social behaviour | On or near Hartington Street | |
| Dec 2023 | Anti-social behaviour | On or near Hartington Street |