£177,098
This estimated value is based upon the latest sale price for the house of £145,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £145,000 | 11 Oct 2019 |
| Semi-Detached |
| Freehold |
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 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £145,000 results in an estimated price of approximately £177,098.
| 11 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £145,000 | £32,098 | £177,098 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -40.314 % | £-58,456 | £86,543 |
| 3 Month Average | 9.023 % | £13,082 | £158,082 |
| 6 Month Average | 19.367 % | £28,082 | £173,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £90,716 | £89,000 | 16 FLORENCE STREET |
| 11 Dec 2023 | £122,314 | £120,000 | 1 FLORENCE STREET |
| 28 Nov 2023 | £75,975 | £75,000 | 18 MAY STREET |
| 31 Mar 2023 | £166,902 | £166,000 | 9 TYNE STREET |
| 7 Feb 2023 | £39,812 | £40,000 | 19 FRONT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ramsay Street |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Branch Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Branch Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Branch Street |