£155,088
This estimated value is based upon the latest sale price for the house of £86,000 on 1 Sep 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £86,000 | 1 Sep 2005 |
| £33,000 | 5 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 928 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 September 2005 the House Price Index for TYNE AND WEAR was 81.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 80.335%.Applying this 80.335% change to the original purchase price of £86,000 results in an estimated price of approximately £155,088.
| 1 Sep 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 146.7 | 80.335 % | £86,000 | £69,088 | £155,088 |
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 | 39.095 % | £33,621 | £119,621 |
| 3 Month Average | 8.221 % | £7,069 | £93,069 |
| 6 Month Average | 33.740 % | £29,016 | £115,016 |
This house has a floor area of 86 sq meters or 928 sq feet when measured on 7 Dec 2010.
The average size of a house on MILTON PLACE is 96 sq meters (1,036 sq feet).
This house is the largest in the street with a floor area of 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Milton Place | |
| Feb 2024 | Anti-social behaviour | On or near Milton Place | |
| Feb 2024 | Anti-social behaviour | On or near Milton Place | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Milton Place |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milton Place |