£205,908
This estimated value is based upon the latest sale price for the house of £159,295 on 13 Apr 2017. 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 |
---|---|
£159,295 | 13 Apr 2017 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 April 2017 the House Price Index for TYNE AND WEAR was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £159,295 results in an estimated price of approximately £205,908.
13 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £159,295 | £46,613 | £205,908 |
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 | -3.891 % | £-6,198 | £153,096 |
3 Month Average | -6.982 % | £-11,122 | £148,172 |
6 Month Average | -1.413 % | £-2,250 | £157,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £161,412 | £160,000 | 15 BERNERS-LEE ROAD |
11 Aug 2023 | £211,853 | £210,000 | 144 SALTWELL ROAD |
6 Jun 2023 | £191,824 | £189,500 | 9 BRUNEL STREET |
5 Apr 2023 | £187,014 | £185,000 | 16 ARMSTRONG STREET |
17 Feb 2023 | £179,879 | £180,000 | 16 BERNERS-LEE ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 8 Feb 2017. Using an estimated price of £205,908 means this house is valued at £2,214 per sq meter (£205 per sq foot).
The average size of a house on ARMSTRONG STREET is 102 sq meters (1,097 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Under investigation | On or near Brunel Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Brunel Street |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Brunel Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Brunel Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Brunel Street |