£80,053
This estimated value is based upon the latest sale price for the house of £70,000 on 12 Feb 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £70,000 | 12 Feb 2021 |
| £87,000 | 28 Jan 2011 |
| £95,000 | 23 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 2021 the House Price Index for TYNE AND WEAR was 130.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.Applying this 14.362% change to the original purchase price of £70,000 results in an estimated price of approximately £80,053.
| 12 Feb 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 149.7 | 14.362 % | £70,000 | £10,053 | £80,053 |
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 | 128.571 % | £89,999 | £159,999 |
| 3 Month Average | 51.841 % | £36,288 | £106,288 |
| 6 Month Average | 27.219 % | £19,052 | £89,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £116,969 | £114,000 | 7 SALLYPORT HOUSE CITY ROAD |
| 18 Feb 2022 | £116,210 | £110,000 | 23 SALLYPORT HOUSE CITY ROAD |
| 19 Nov 2021 | £125,295 | £115,000 | 38 SALLYPORT HOUSE CITY ROAD |
| 27 Aug 2021 | £162,962 | £145,000 | APARTMENT 68 RIALTO MELBOURNE STREET |
| 12 Feb 2021 | £80,053 | £70,000 | 1 SALLYPORT HOUSE CITY ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 30 Jul 2020. Using an estimated price of £80,053 means this house is valued at £2,052 per sq meter (£190 per sq foot).
The average size of a house on CITY ROAD is 49 sq meters (535 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Tower Street |
| Jul 2024 | Anti-social behaviour | On or near Causey Bank | |
| Jul 2024 | Anti-social behaviour | On or near Causey Bank | |
| Jul 2024 | Anti-social behaviour | On or near Causey Bank | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Causey Bank |