£259,003
This estimated value is based upon the latest sale price for the house of £97,500 on 11 Oct 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £97,500 | 11 Oct 2002 |
| Semi-Detached |
| Freehold |
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 2002 the House Price Index for TYNE AND WEAR was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £97,500 results in an estimated price of approximately £259,003.
| 11 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £97,500 | £161,503 | £259,003 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 92.658 % | £90,341 | £187,841 |
| 3 Month Average | 189.732 % | £184,988 | £282,488 |
| 6 Month Average | 176.626 % | £172,209 | £269,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £100,876 | £100,000 | 8 GROSVENOR MEWS GROSVENOR PLACE |
| 19 Dec 2023 | £266,179 | £258,000 | 96 QUEEN ALEXANDRA ROAD |
| 26 Jun 2023 | £313,278 | £307,000 | 3 CAMPVILLE |
| 31 Mar 2023 | £184,074 | £181,000 | 38 CLEVELAND ROAD |
| 17 Nov 2022 | £161,246 | £162,000 | 68 QUEEN ALEXANDRA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Cleveland Terrace | |
| Sep 2024 | Anti-social behaviour | On or near Cleveland Terrace | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cleveland Terrace |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Cleveland Road |
| Jul 2024 | Other theft | Under investigation | On or near Cleveland Road |