£81,999
This estimated value is based upon the latest sale price for the house of £79,950 on 5 Apr 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 |
---|---|
£79,950 | 5 Apr 2022 |
£67,000 | 15 May 2015 |
£75,000 | 8 May 2015 |
£104,000 | 26 Apr 2006 |
£44,950 | 1 May 2002 |
£35,000 | 29 Mar 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 83 sq meters or 893 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 April 2022 the House Price Index for TYNE AND WEAR was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £79,950 results in an estimated price of approximately £81,999.
5 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.0 | 2.564 % | £79,950 | £2,049 | £81,999 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -35.754 % | £-28,585 | £51,364 |
3 Month Average | -4.290 % | £-3,429 | £76,520 |
6 Month Average | 8.232 % | £6,581 | £86,531 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £144,738 | £142,000 | 27 THERESA STREET |
17 Nov 2023 | £239,069 | £236,000 | 5 THORNEYHOLME TERRACE |
24 Aug 2023 | £114,697 | £114,000 | 18 THERESA STREET |
17 Jul 2023 | £178,690 | £177,000 | BISLEY HOTEL SHIBDON ROAD |
27 Jun 2023 | £100,817 | £100,000 | 8 THERESA STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Mar 2015. Using an estimated price of £82,000 means this house is valued at £987 per sq meter (£91 per sq foot).
The average size of a house on WEST VIEW is 71 sq meters (774 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Theresa Street |
Mar 2024 | Anti-social behaviour | On or near Shop Spouts | |
Mar 2024 | Anti-social behaviour | On or near Shop Spouts | |
Mar 2024 | Anti-social behaviour | On or near Shop Spouts | |
Mar 2024 | Anti-social behaviour | On or near Shop Spouts |