£245,937
This estimated value is based upon the latest sale price for the house of £180,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £180,000 | 18 Dec 2015 |
| £196,000 | 11 Aug 2006 |
| £195,000 | 17 Sep 2004 |
| £80,000 | 21 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 2015 the House Price Index for TYNE AND WEAR was 107.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 36.632%.Applying this 36.632% change to the original purchase price of £180,000 results in an estimated price of approximately £245,937.
| 18 Dec 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 146.7 | 36.632 % | £180,000 | £65,937 | £245,937 |
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 | 21.690 % | £39,042 | £219,042 |
| 3 Month Average | 3.945 % | £7,101 | £187,101 |
| 6 Month Average | 21.848 % | £39,327 | £219,327 |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 19 Jun 2018.
The average size of a house on CHELTENHAM TERRACE is 133 sq meters (1,435 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cheltenham Terrace | |
| Feb 2024 | Public order | Under investigation | On or near Cheltenham Terrace |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cheltenham Terrace |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheltenham Terrace |
| Dec 2023 | Anti-social behaviour | On or near Cheltenham Terrace |