£186,894
This estimated value is based upon the latest sale price for the house of £164,950 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £164,950 | 11 Dec 2020 |
| £159,500 | 20 Dec 2005 |
| £159,000 | 24 Jun 2005 |
| £70,000 | 5 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.304%.Applying this 13.304% change to the original purchase price of £164,950 results in an estimated price of approximately £186,894.
| 11 Dec 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 146.7 | 13.304 % | £164,950 | £21,944 | £186,894 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 31.293 % | £51,617 | £216,567 |
| 3 Month Average | -5.447 % | £-8,985 | £155,964 |
| 6 Month Average | 8.257 % | £13,620 | £178,570 |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 15 Jul 2020.
The average size of a house on WARWICK STREET is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Hotspur Street | |
| Feb 2024 | Anti-social behaviour | On or near Hotspur Street | |
| Dec 2023 | Other crime | Awaiting court outcome | On or near Hotspur Street |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Hotspur Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hotspur Street |