£1,770,459
This estimated value is based upon the latest sale price for the house of £390,000 on 19 Jan 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Parking Area
More crime details
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| Price Paid | Date |
|---|---|
| £390,000 | 19 Jan 1999 |
| Detached |
| Leasehold |
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 January 1999 the House Price Index for TYNE AND WEAR was 32.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 353.964%.Applying this 353.964% change to the original purchase price of £390,000 results in an estimated price of approximately £1,770,459.
| 19 Jan 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 148.6 | 353.964 % | £390,000 | £1,380,459 | £1,770,459 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | 118.075 % | £460,492 | £850,492 |
| 3 Month Average | 162.913 % | £635,359 | £1,025,359 |
| 6 Month Average | 178.469 % | £696,028 | £1,086,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £72,837 | £72,200 | 81 ANDERSON STREET |
| 22 Aug 2023 | £153,846 | £152,500 | 101 - 103 FOWLER STREET |
| 8 Mar 2023 | £233,702 | £231,500 | 31 BEACH ROAD |
| 17 Feb 2023 | £78,947 | £79,000 | 21 WALLINGTON GROVE |
| 25 Nov 2022 | £69,162 | £70,000 | 9 ANDERSON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Burglary | Under investigation | On or near Parking Area |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |