£284,096
This estimated value is based upon the latest sale price for the house of £240,000 on 27 Aug 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 |
|---|---|
| £240,000 | 27 Aug 2020 |
| £199,950 | 7 Sep 2007 |
| £148,500 | 17 Feb 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.373%.Applying this 18.373% change to the original purchase price of £240,000 results in an estimated price of approximately £284,096.
| 27 Aug 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 146.7 | 18.373 % | £240,000 | £44,096 | £284,096 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 77.023 % | £184,854 | £424,854 |
| 3 Month Average | 12.321 % | £29,571 | £269,571 |
| 6 Month Average | 18.992 % | £45,579 | £285,579 |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 17 Jan 2020.
The average size of a house on BOWLAND TERRACE is 162 sq meters (1,747 sq feet).
This house is the largest in the street with a floor area of 152 sq meters (1,636 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Under investigation | On or near Ann Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Murray Street |
| Mar 2024 | Anti-social behaviour | On or near Harriet Street | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Harriet Street |
| Feb 2024 | Anti-social behaviour | On or near Harriet Street |