£265,116
This estimated value is based upon the latest sale price for the house of £226,000 on 15 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 Curtis Road
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| Price Paid | Date |
|---|---|
| £226,000 | 15 Oct 2020 |
| £48,000 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,361 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 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £226,000 results in an estimated price of approximately £265,116.
| 15 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £226,000 | £39,116 | £265,116 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | -4.683 % | £-10,584 | £215,415 |
| 3 Month Average | 11.440 % | £25,854 | £251,854 |
| 6 Month Average | 17.095 % | £38,633 | £264,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £305,342 | £300,000 | 81 NUNS MOOR ROAD |
| 29 Sep 2023 | £253,238 | £250,000 | 2A MATFEN PLACE |
| 25 Apr 2023 | £252,721 | £250,000 | 13 MATFEN PLACE |
| 14 Feb 2023 | £264,822 | £265,000 | 6 MATFEN PLACE |
| 7 Feb 2023 | £259,825 | £260,000 | 14 MATFEN PLACE |
This house has a floor area of 126 sq meters or 1,361 sq feet when measured on 10 Feb 2011. Using an estimated price of £265,117 means this house is valued at £2,095 per sq meter (£194 per sq foot).
The average size of a house on CURTIS ROAD is 133 sq meters (1,436 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Curtis Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Curtis Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Curtis Road |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Curtis Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Curtis Road |