£212,905
This estimated value is based upon the latest sale price for the house of £133,200 on 22 Jun 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £133,200 | 22 Jun 2007 |
| Terraced |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 June 2007 the House Price Index for TYNE AND WEAR was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £133,200 results in an estimated price of approximately £212,905.
| 22 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £133,200 | £79,705 | £212,905 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 49.644 % | £66,125 | £199,325 |
| 3 Month Average | 29.699 % | £39,558 | £172,758 |
| 6 Month Average | 29.622 % | £39,456 | £172,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £184,603 | £183,000 | 21 APRIL COURTYARD NORTH SIDE |
| 18 Aug 2023 | £137,989 | £135,500 | 16 JULY COURTYARD SUMMERS PASS |
| 7 Aug 2023 | £106,929 | £105,000 | 18 JUNE COURTYARD NORTH SIDE |
| 23 Feb 2023 | £171,143 | £170,000 | 3 MAY COURTYARD SHROVE PASS |
| 25 Nov 2022 | £162,241 | £163,000 | 21 JUNE COURTYARD MID SUMMER WAY |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 16 Feb 2013. Using an estimated price of £212,906 means this house is valued at £3,548 per sq meter (£329 per sq foot).
The average size of a house on SPRING STREET is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Spring Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spring Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mid Summer Way |