£98,577
This estimated value is based upon the latest sale price for the house of £59,950 on 28 Jun 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,950 | 28 Jun 2013 |
| £72,000 | 15 Oct 2007 |
| £59,000 | 6 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 June 2013 the House Price Index for TYNE AND WEAR was 89.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 64.434%.Applying this 64.434% change to the original purchase price of £59,950 results in an estimated price of approximately £98,577.
| 28 Jun 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 146.7 | 64.434 % | £59,950 | £38,627 | £98,577 |
The Postcode Pricing Model uses changes in average sales price within the NE11 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 | 50.553 % | £30,306 | £90,256 |
| 3 Month Average | 31.315 % | £18,773 | £78,723 |
| 6 Month Average | 55.984 % | £33,562 | £93,512 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 22 May 2012.
The average size of a house on COLLINGWOOD TERRACE is 78 sq meters (849 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Railway Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Railway Street |
| Dec 2023 | Anti-social behaviour | On or near Grebe Close | |
| Dec 2023 | Anti-social behaviour | On or near Grebe Close | |
| Dec 2023 | Anti-social behaviour | On or near Grebe Close |