£66,058
This estimated value is based upon the latest sale price for the house of £52,000 on 23 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £52,000 | 23 May 2017 |
| £51,500 | 22 May 2014 |
| £43,500 | 31 May 2012 |
| £13,000 | 10 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 733 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 May 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £52,000 results in an estimated price of approximately £66,058.
| 23 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 146.7 | 27.035 % | £52,000 | £14,058 | £66,058 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | -19.458 % | £-10,118 | £41,881 |
| 3 Month Average | -21.016 % | £-10,928 | £41,071 |
| 6 Month Average | -10.700 % | £-5,563 | £46,436 |
This house has a floor area of 68 sq meters or 733 sq feet when measured on 9 Feb 2012.
There is one other house on the street which we know the size of, this is 18 KIPLING WALK it is 89.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gateshead Stadium |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gateshead Stadium |
| Mar 2024 | Drugs | Under investigation | On or near Gateshead Stadium |
| Mar 2024 | Robbery | Under investigation | On or near Gateshead Stadium |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gateshead Stadium |