£147,361
This estimated value is based upon the latest sale price for the house of £85,500 on 18 Nov 2011. 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 |
|---|---|
| £85,500 | 18 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 888 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 November 2011 the House Price Index for TYNE AND WEAR was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £85,500 results in an estimated price of approximately £147,361.
| 18 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £85,500 | £61,861 | £147,361 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 66.553 % | £56,903 | £142,403 |
| 3 Month Average | 20.471 % | £17,502 | £103,002 |
| 6 Month Average | 33.533 % | £28,670 | £114,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £304,508 | £300,000 | 50 BEDFORD STREET |
| 10 Feb 2023 | £294,802 | £295,000 | 24 NORTHUMBERLAND SQUARE |
| 24 Jan 2023 | £131,381 | £132,000 | 117 STEPHENSON STREET |
| 25 Aug 2022 | £219,409 | £220,000 | 13E NORTHUMBERLAND SQUARE |
| 11 Jul 2022 | £123,332 | £123,000 | 18 WEST PERCY STREET |
This house has a floor area of 82 sq meters or 888 sq feet when measured on 21 Mar 2011. Using an estimated price of £147,361 means this house is valued at £1,786 per sq meter (£165 per sq foot).
There is one other house on the street which we know the size of, this is 7A ALBION ROAD it is 86.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Upper Norfolk Street |
| Jan 2024 | Drugs | Under investigation | On or near Upper Norfolk Street |
| Dec 2023 | Anti-social behaviour | On or near Upper Norfolk Street | |
| Dec 2023 | Anti-social behaviour | On or near Upper Norfolk Street | |
| Dec 2023 | Anti-social behaviour | On or near Upper Norfolk Street |