£1,011,796
This estimated value is based upon the latest sale price for the house of £605,000 on 27 Jul 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £605,000 | 27 Jul 2010 |
| £560,000 | 16 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 213 sq meters or 2,293 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 July 2010 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.239%.Applying this 67.239% change to the original purchase price of £605,000 results in an estimated price of approximately £1,011,796.
| 27 Jul 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 146.7 | 67.239 % | £605,000 | £406,796 | £1,011,796 |
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 | 15.319 % | £92,678 | £697,678 |
| 3 Month Average | -6.645 % | £-40,200 | £564,799 |
| 6 Month Average | 11.352 % | £68,677 | £673,677 |
This house has a floor area of 213 sq meters or 2,293 sq feet when measured on 8 Jan 2010.
The average size of a house on COLLINGWOOD TERRACE is 358 sq meters (3,854 sq feet).
This house is the smallest in the street with a floor area of 213 sq meters (2,293 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Collingwood Terrace |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Collingwood Terrace |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Collingwood Terrace |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Collingwood Terrace |
| Feb 2024 | Anti-social behaviour | On or near Hartside Gardens |