£215,683
This estimated value is based upon the latest sale price for the house of £177,000 on 13 Feb 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 |
|---|---|
| £177,000 | 13 Feb 2020 |
| £177,000 | 13 Feb 2020 |
| £165,000 | 15 Dec 2017 |
| £175,000 | 27 Jun 2001 |
| 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £177,000 results in an estimated price of approximately £215,683.
| 13 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £177,000 | £38,683 | £215,683 |
The Postcode Pricing Model uses changes in average sales price within the NE1 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 | -44.280 % | £-78,375 | £98,624 |
| 3 Month Average | -12.890 % | £-22,815 | £154,184 |
| 6 Month Average | -1.308 % | £-2,314 | £174,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £195,702 | £192,000 | 48 HIGH QUAY CITY ROAD |
| 28 Jul 2023 | £252,387 | £250,000 | 69 HIGH QUAY CITY ROAD |
| 23 Jun 2023 | £176,431 | £175,000 | 36 HIGH QUAY CITY ROAD |
| 21 Apr 2023 | £297,209 | £295,000 | 79 HIGH QUAY CITY ROAD |
| 31 Mar 2023 | £148,804 | £148,000 | 16 HIGH QUAY CITY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 2 Oct 2019. Using an estimated price of £215,683 means this house is valued at £3,171 per sq meter (£294 per sq foot).
The average size of a house on CITY ROAD is 49 sq meters (534 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Quayside |
| Mar 2024 | Anti-social behaviour | On or near Quayside | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Quayside |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Quayside |
| Mar 2024 | Anti-social behaviour | On or near Quayside |