£854,389
This estimated value is based upon the latest sale price for the house of £575,000 on 30 Sep 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£575,000 | 30 Sep 2014 |
£136,500 | 25 Apr 1997 |
Terraced |
Freehold |
Floor Area: 364 sq meters or 3,918 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 September 2014 the House Price Index for TYNE AND WEAR was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £575,000 results in an estimated price of approximately £854,389.
30 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 146.7 | 48.589 % | £575,000 | £279,389 | £854,389 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 52.391 % | £301,245 | £876,245 |
3 Month Average | -2.959 % | £-17,012 | £557,987 |
6 Month Average | 16.326 % | £93,875 | £668,875 |
This house has a floor area of 364 sq meters or 3,918 sq feet when measured on 8 Apr 2019.
The average size of a house on OTTERBURN TERRACE is 199 sq meters (2,148 sq feet).
This house is the largest in the street with a floor area of 364 sq meters (3,918 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Otterburn Terrace | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Otterburn Terrace |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Otterburn Terrace |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Haldane Terrace |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Haldane Terrace |