£98,828
This estimated value is based upon the latest sale price for the house of £80,000 on 17 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 17 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 January 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £80,000 results in an estimated price of approximately £98,828.
| 17 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £80,000 | £18,828 | £98,828 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 50.544 % | £40,435 | £120,435 |
| 3 Month Average | 0.372 % | £297 | £80,297 |
| 6 Month Average | 12.451 % | £9,960 | £89,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £172,202 | £170,000 | 19 ROWES MEWS |
| 14 Sep 2023 | £88,127 | £87,000 | 9 CLYDESDALE MOUNT |
| 1 Jun 2023 | £146,778 | £145,000 | 39 ROWES MEWS |
| 24 Mar 2023 | £70,666 | £70,000 | 38 ST PETERS ROAD |
| 28 Nov 2022 | £67,186 | £68,000 | 40 ST PETERS ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 18 Jul 2017. Using an estimated price of £98,828 means this house is valued at £1,110 per sq meter (£103 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Harbottle Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harbottle Street |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Harbottle Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Harbottle Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Garmondsway |