£209,088
This estimated value is based upon the latest sale price for the house of £90,000 on 21 Jul 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,000 | 21 Jul 2003 |
| £51,000 | 18 Oct 2002 |
| £20,000 | 24 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 660 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 July 2003 the House Price Index for TYNE AND WEAR was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £90,000 results in an estimated price of approximately £209,088.
| 21 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £90,000 | £119,088 | £209,088 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 94.084 % | £84,675 | £174,675 |
| 3 Month Average | 127.335 % | £114,601 | £204,601 |
| 6 Month Average | 151.717 % | £136,545 | £226,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £100,000 | £100,000 | 150 STANTON STREET |
| 19 Jun 2023 | £87,055 | £86,000 | 53 CROYDON ROAD |
| 31 Mar 2023 | £116,094 | £115,000 | 121 TAMWORTH ROAD |
| 27 Jan 2023 | £94,555 | £95,000 | 150 TAMWORTH ROAD |
| 27 Jan 2023 | £86,094 | £86,500 | 152 TAMWORTH ROAD |
This house has a floor area of 61 sq meters or 660 sq feet when measured on 23 Nov 2010. Using an estimated price of £209,088 means this house is valued at £3,405 per sq meter (£316 per sq foot).
The average size of a house on TAMWORTH ROAD is 75 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Under investigation | On or near Tamworth Road |
| Mar 2024 | Other crime | Under investigation | On or near Tamworth Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tamworth Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tamworth Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tamworth Road |