£207,291
This estimated value is based upon the latest sale price for the house of £178,995 on 30 Oct 2020. 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 Westminster Street
More crime details
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| Price Paid | Date |
|---|---|
| £178,995 | 30 Oct 2020 |
| £46,000 | 23 Apr 2004 |
| £12,500 | 21 Dec 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 15.808%.Applying this 15.808% change to the original purchase price of £178,995 results in an estimated price of approximately £207,291.
| 30 Oct 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 146.7 | 15.808 % | £178,995 | £28,296 | £207,291 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | -1.703 % | £-3,048 | £175,946 |
| 3 Month Average | 0.448 % | £802 | £179,797 |
| 6 Month Average | 6.925 % | £12,395 | £191,390 |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 1 Oct 2020.
The average size of a house on WESTMINSTER STREET is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westminster Street |
| Feb 2024 | Burglary | Under investigation | On or near Westminster Street |
| Jan 2024 | Anti-social behaviour | On or near Westminster Street | |
| Jan 2024 | Anti-social behaviour | On or near Westminster Street | |
| Jan 2024 | Anti-social behaviour | On or near Westminster Street |