£116,856
This estimated value is based upon the latest sale price for the house of £85,000 on 25 Nov 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 25 Nov 2015 |
| £65,500 | 9 Jul 2004 |
| £27,000 | 6 Sep 2002 |
| £24,500 | 9 Jun 2000 |
| £15,750 | 14 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2015 the House Price Index for TYNE AND WEAR was 106.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 37.478%.Applying this 37.478% change to the original purchase price of £85,000 results in an estimated price of approximately £116,856.
| 25 Nov 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 146.7 | 37.478 % | £85,000 | £31,856 | £116,856 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 36.415 % | £30,952 | £115,952 |
| 3 Month Average | 10.291 % | £8,747 | £93,747 |
| 6 Month Average | 13.273 % | £11,281 | £96,281 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Jul 2015.
The average size of a house on AMHERST ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Amherst Road |
| Mar 2024 | Other crime | Under investigation | On or near Alnham Court |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alnham Court |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Prudhoe Court |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Prudhoe Court |