£42,984
This estimated value is based upon the latest sale price for the house of £43,100 on 23 Aug 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £43,100 | 23 Aug 2022 |
| £68,000 | 22 Jul 2005 |
| £67,950 | 17 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2022 the House Price Index for TYNE AND WEAR was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £43,100 results in an estimated price of approximately £42,984.
| 23 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £43,100 | £-115 | £42,984 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | -1.644 % | £-708 | £42,391 |
| 3 Month Average | -5.213 % | £-2,246 | £40,853 |
| 6 Month Average | -5.117 % | £-2,205 | £40,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £88,815 | £87,500 | 72 ANCONA STREET |
| 11 Sep 2023 | £111,425 | £110,000 | 23 PERCIVAL STREET |
| 21 Aug 2023 | £70,618 | £70,000 | 63 ANCONA STREET |
| 27 Jul 2023 | £187,524 | £185,000 | 19 PALLION PARK |
| 7 Jul 2023 | £99,337 | £98,000 | 8 PALLION PARK |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 4 Oct 2016. Using an estimated price of £42,984 means this house is valued at £704 per sq meter (£65 per sq foot).
The average size of a house on NEVILLE ROAD is 70 sq meters (758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Percival Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Percival Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near Duncan Street |