£74,648
This estimated value is based upon the latest sale price for the house of £75,000 on 30 Jan 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 30 Jan 2023 |
| £76,500 | 8 May 2015 |
| £56,000 | 15 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 January 2023 the House Price Index for TYNE AND WEAR was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £75,000 results in an estimated price of approximately £74,648.
| 30 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £75,000 | £-351 | £74,648 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | -35.178 % | £-26,383 | £48,616 |
| 3 Month Average | -0.939 % | £-704 | £74,295 |
| 6 Month Average | -0.333 % | £-249 | £74,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £111,425 | £110,000 | 23 MONTAGUE STREET |
| 8 Sep 2023 | £65,842 | £65,000 | 25 MONTAGUE STREET |
| 4 Aug 2023 | £65,826 | £65,250 | 19 MONTAGUE STREET |
| 31 Jul 2023 | £88,440 | £87,250 | 61 SUGLEY STREET |
| 14 Jul 2023 | £96,296 | £95,000 | 37 MONTAGUE STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 Nov 2014. Using an estimated price of £74,648 means this house is valued at £1,036 per sq meter (£96 per sq foot).
The average size of a house on SUGLEY STREET is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sugley Street |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Sugley Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sugley Street |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sugley Street |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Fernwood Road |