£219,140
This estimated value is based upon the latest sale price for the house of £59,999 on 25 Aug 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,999 | 25 Aug 2000 |
| £44,000 | 11 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 184 sq meters or 1,980 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 2000 the House Price Index for TYNE AND WEAR was 40.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 265.240%.Applying this 265.240% change to the original purchase price of £59,999 results in an estimated price of approximately £219,140.
| 25 Aug 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 146.7 | 265.240 % | £59,999 | £159,141 | £219,140 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 109.084 % | £65,449 | £125,448 |
| 3 Month Average | 104.001 % | £62,399 | £122,398 |
| 6 Month Average | 148.018 % | £88,809 | £148,808 |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 25 May 2020.
The average size of a house on GLADSTONE TERRACE is 159 sq meters (1,720 sq feet).
This house is the largest in the street with a floor area of 184 sq meters (1,980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chester Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chester Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chester Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Chester Street |