£61,678
This estimated value is based upon the latest sale price for the house of £34,433 on 18 Nov 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Ferry Street
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| Price Paid | Date |
|---|---|
| £34,433 | 18 Nov 2008 |
| £120,000 | 11 Jun 2004 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 55 sq meters or 592 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 November 2008 the House Price Index for TYNE AND WEAR was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £34,433 results in an estimated price of approximately £61,678.
| 18 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.126 % | £34,433 | £27,245 | £61,678 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -19.258 % | £-6,631 | £27,801 |
| 3 Month Average | -13.375 % | £-4,605 | £29,827 |
| 6 Month Average | 13.175 % | £4,536 | £38,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £63,309 | £62,500 | 37 BROAD LANDING |
| 22 Sep 2023 | £359,598 | £355,000 | 6 COBLE LANDING |
| 7 Aug 2023 | £63,052 | £62,500 | 32 BROAD LANDING |
| 21 Jul 2023 | £217,933 | £215,000 | 24 COBLE LANDING |
| 19 Jun 2023 | £101,226 | £100,000 | 107 KING STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 11 Jan 2019. Using an estimated price of £61,679 means this house is valued at £1,121 per sq meter (£104 per sq foot).
The average size of a house on FERRY APPROACH is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Ferry Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ferry Street |
| Mar 2024 | Public order | Under investigation | On or near Ferry Street |
| Mar 2024 | Burglary | Under investigation | On or near Ferry Street |
| Mar 2024 | Public order | Under investigation | On or near Ferry Street |