£243,726
This estimated value is based upon the latest sale price for the house of £137,000 on 9 Dec 2005. 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 Bolam Road
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| Price Paid | Date |
|---|---|
| £137,000 | 9 Dec 2005 |
| £45,950 | 30 Jun 2000 |
| £29,000 | 3 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 December 2005 the House Price Index for TYNE AND WEAR was 82.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 77.903%.Applying this 77.903% change to the original purchase price of £137,000 results in an estimated price of approximately £243,726.
| 9 Dec 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 146.7 | 77.903 % | £137,000 | £106,726 | £243,726 |
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 | -10.607 % | £-14,531 | £122,468 |
| 3 Month Average | 19.355 % | £26,515 | £163,515 |
| 6 Month Average | 27.193 % | £37,254 | £174,254 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 20 Oct 2014.
The average size of a house on BOLAM ROAD is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bolam Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bolam Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near West Bailey |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rothley Court |
| Dec 2023 | Anti-social behaviour | On or near Rothley Court |