£5,439,642
This estimated value is based upon the latest sale price for the house of £5,425,000 on 12 Jul 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £5,425,000 | 12 Jul 2022 |
| Leasehold |
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 July 2022 the House Price Index for TYNE AND WEAR was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £5,425,000 results in an estimated price of approximately £5,439,642.
| 12 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £5,425,000 | £14,642 | £5,439,642 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -36.691 % | £-1,990,495 | £3,434,504 |
| 3 Month Average | -15.654 % | £-849,252 | £4,575,747 |
| 6 Month Average | 8.063 % | £437,438 | £5,862,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £243,251 | £239,650 | 23 CHARLOTTE PLACE |
| 31 Aug 2023 | £121,059 | £120,000 | 10 ALTAN PLACE |
| 21 Jul 2023 | £192,592 | £190,000 | 10 CHARLOTTE PLACE |
| 27 Feb 2023 | £174,882 | £175,000 | 56 GLENFIELD ROAD |
| 17 Feb 2023 | £184,876 | £185,000 | 49 GLENFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Balliol Business Park East |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Balliol Business Park East |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Balliol Business Park East |
| Apr 2024 | Anti-social behaviour | On or near Benton Lane | |
| Apr 2024 | Anti-social behaviour | On or near Benton Lane |