£107,927
This estimated value is based upon the latest sale price for the house of £105,500 on 31 Mar 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 |
|---|---|
| £105,500 | 31 Mar 2022 |
| £95,000 | 21 Dec 2017 |
| £83,500 | 9 Feb 2007 |
| £16,000 | 19 Jan 2001 |
| £11,000 | 25 May 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 March 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £105,500 results in an estimated price of approximately £107,927.
| 31 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £105,500 | £2,427 | £107,927 |
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 | -30.246 % | £-31,909 | £73,590 |
| 3 Month Average | 3.270 % | £3,449 | £108,949 |
| 6 Month Average | 3.109 % | £3,280 | £108,780 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 9 Sep 2017.
The average size of a house on RECTORY ROAD is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Grasmere Street West |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Curzon Street |