£299,167
This estimated value is based upon the latest sale price for the house of £230,000 on 4 Nov 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £230,000 | 4 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2016 the House Price Index for TYNE AND WEAR was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £230,000 results in an estimated price of approximately £299,167.
| 4 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £230,000 | £69,167 | £299,167 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | 1.237 % | £2,845 | £232,845 |
| 3 Month Average | 17.972 % | £41,335 | £271,335 |
| 6 Month Average | 18.710 % | £43,033 | £273,033 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 Jun 2016.
The average size of a house on TYNEDALE TERRACE is 190 sq meters (2,046 sq feet).
This house is the smallest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Manorfields |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastfield Terrace |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belvedere Gardens |
| Jan 2024 | Vehicle crime | Under investigation | On or near Belvedere Gardens |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Belvedere Gardens |