£160,706
This estimated value is based upon the latest sale price for the house of £131,000 on 11 Dec 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 |
|---|---|
| £131,000 | 11 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £131,000 results in an estimated price of approximately £160,706.
| 11 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £131,000 | £29,706 | £160,706 |
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 | 81.939 % | £107,340 | £238,340 |
| 3 Month Average | 21.831 % | £28,598 | £159,598 |
| 6 Month Average | 13.901 % | £18,209 | £149,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £131,684 | £130,000 | 96 SUTHERLAND AVENUE |
| 26 Apr 2023 | £85,925 | £85,000 | 136 SEVERUS ROAD |
| 13 Feb 2023 | £174,882 | £175,000 | 60 HADRIAN ROAD |
| 22 Aug 2022 | £109,705 | £110,000 | 89 SEVERUS ROAD |
| 30 Oct 2020 | £148,982 | £127,000 | 77 HADRIAN ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 22 Mar 2019. Using an estimated price of £160,706 means this house is valued at £1,913 per sq meter (£177 per sq foot).
The average size of a house on HADRIAN ROAD is 104 sq meters (1,126 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hadrian Road | |
| Mar 2024 | Anti-social behaviour | On or near Hadrian Road | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hadrian Road |
| Mar 2024 | Anti-social behaviour | On or near Hadrian Road | |
| Feb 2024 | Anti-social behaviour | On or near Hadrian Road |