£150,590
This estimated value is based upon the latest sale price for the house of £114,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £114,000 | 9 Dec 2016 |
| £45,000 | 14 Oct 1999 |
| £44,000 | 4 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 December 2016 the House Price Index for TYNE AND WEAR was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £114,000 results in an estimated price of approximately £150,590.
| 9 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £114,000 | £36,590 | £150,590 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 23.871 % | £27,212 | £141,212 |
| 3 Month Average | 57.913 % | £66,021 | £180,021 |
| 6 Month Average | 41.493 % | £47,301 | £161,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £368,197 | £365,000 | 34 ALMA PLACE |
| 10 Mar 2023 | £467,813 | £460,000 | 48 ALMA PLACE |
| 20 Jan 2023 | £295,790 | £295,000 | 46A ALMA PLACE |
| 3 Aug 2022 | £363,198 | £361,500 | 25 WATERLOO PLACE |
| 23 May 2022 | £374,763 | £365,000 | 31 CLEVELAND ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 24 Sep 2015. Using an estimated price of £150,591 means this house is valued at £2,641 per sq meter (£245 per sq foot).
The average size of a house on ALMA PLACE is 156 sq meters (1,687 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Waterloo Place |
| Oct 2024 | Anti-social behaviour | On or near Alma Place | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Preston Mews |
| Oct 2024 | Anti-social behaviour | On or near Frank Place | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Preston Mews |