£135,554
This estimated value is based upon the latest sale price for the house of £110,000 on 25 Oct 2018. 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 Parking Area
More crime details
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| Price Paid | Date |
|---|---|
| £110,000 | 25 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 902 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 October 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £110,000 results in an estimated price of approximately £135,554.
| 25 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £110,000 | £25,554 | £135,554 |
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 | -23.781 % | £-26,159 | £83,840 |
| 3 Month Average | -18.574 % | £-20,431 | £89,568 |
| 6 Month Average | -1.345 % | £-1,479 | £108,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £87,500 | £87,500 | 2 FROST MEWS |
| 4 Mar 2024 | £48,500 | £48,500 | 117 VICTORIA ROAD |
| 1 Jun 2023 | £84,018 | £83,000 | 16 FROST MEWS |
| 24 Feb 2023 | £59,960 | £60,000 | 48 FROST MEWS |
| 13 Jan 2023 | £119,437 | £120,000 | 84 VICTORIA ROAD |
This house has a floor area of 83 sq meters or 902 sq feet when measured on 9 Oct 2009. Using an estimated price of £135,554 means this house is valued at £1,617 per sq meter (£150 per sq foot).
The average size of a house on DOWNHAM COURT is 131 sq meters (1,419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Parking Area |
| Feb 2024 | Drugs | Under investigation | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area |