£322,375
This estimated value is based upon the latest sale price for the house of £265,000 on 14 Nov 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near North Road
More crime details
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| Price Paid | Date |
|---|---|
| £265,000 | 14 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 November 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £265,000 results in an estimated price of approximately £322,375.
| 14 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £265,000 | £57,375 | £322,375 |
The Postcode Pricing Model uses changes in average sales price within the NE36 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 | -40.222 % | £-106,588 | £158,411 |
| 3 Month Average | 0.896 % | £2,373 | £267,373 |
| 6 Month Average | -30.814 % | £-81,658 | £183,341 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 5 Dec 2017.
The average size of a house on FRONT STREET is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near North Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near South Lane |
| Feb 2024 | Vehicle crime | Under investigation | On or near Front Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Front Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Langdale Way |