£187,322
This estimated value is based upon the latest sale price for the house of £110,000 on 25 Sep 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £110,000 | 25 Sep 2012 |
| £78,000 | 15 May 2003 |
| Terraced |
| Freehold |
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 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £110,000 results in an estimated price of approximately £187,322.
| 25 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £110,000 | £77,322 | £187,322 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 16.494 % | £18,143 | £128,143 |
| 3 Month Average | 19.339 % | £21,273 | £131,273 |
| 6 Month Average | 29.275 % | £32,202 | £142,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £54,811 | £54,000 | 3 ST JUST PLACE |
| 24 Aug 2023 | £135,183 | £134,000 | 10 CRELAND WAY |
| 4 Aug 2023 | £147,289 | £146,000 | 10 ST BURYAN CRESCENT |
| 21 Jul 2023 | £233,138 | £230,000 | 34 ST BURYAN CRESCENT |
| 30 Jun 2023 | £141,717 | £140,000 | 14 ST BURYAN CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Ives Way |
| Mar 2024 | Anti-social behaviour | On or near St Just Place | |
| Mar 2024 | Anti-social behaviour | On or near St Just Place | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Just Place |
| Feb 2024 | Anti-social behaviour | On or near St Just Place |