£158,842
This estimated value is based upon the latest sale price for the house of £91,000 on 23 May 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £91,000 | 23 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 May 2006 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £91,000 results in an estimated price of approximately £158,842.
| 23 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £91,000 | £67,842 | £158,842 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 95.798 % | £87,175 | £178,175 |
| 3 Month Average | 26.303 % | £23,935 | £114,935 |
| 6 Month Average | 35.081 % | £31,923 | £122,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £94,012 | £93,000 | 25 LOWNDS TERRACE |
| 27 Jan 2023 | £278,687 | £280,000 | 28 SCROGG ROAD |
| 1 Aug 2022 | £107,710 | £108,000 | 12 ST OSWALDS GREEN |
| 8 Oct 2021 | £99,583 | £90,000 | 34 MOORLAND CRESCENT |
| 30 Sep 2021 | £167,027 | £155,000 | 7 MEAD WALK |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Jun 2015. Using an estimated price of £158,842 means this house is valued at £2,117 per sq meter (£196 per sq foot).
The average size of a house on ULVERSTONE TERRACE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Ulverstone Terrace |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ulverstone Terrace |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ulverstone Terrace |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ulverstone Terrace |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Ulverstone Terrace |