£90,069
This estimated value is based upon the latest sale price for the house of £25,000 on 7 Dec 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £25,000 | 7 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2000 the House Price Index for TYNE AND WEAR was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £25,000 results in an estimated price of approximately £90,069.
| 7 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.6 | 260.280 % | £25,000 | £65,069 | £90,069 |
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 | 323.269 % | £80,817 | £105,817 |
| 3 Month Average | 278.214 % | £69,553 | £94,553 |
| 6 Month Average | 291.252 % | £72,812 | £97,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £60,819 | £60,000 | 93 ADELAIDE TERRACE |
| 17 Apr 2023 | £70,762 | £70,000 | 5 COCHRANE COURT |
| 29 Mar 2023 | £50,476 | £50,000 | 125 ETHEL STREET |
| 29 Mar 2023 | £70,666 | £70,000 | 127 ETHEL STREET |
| 8 Mar 2023 | £504,755 | £500,000 | UNIT 1 95 - 109 ADELAIDE TERRACE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 30 Jul 2014. Using an estimated price of £90,070 means this house is valued at £1,233 per sq meter (£114 per sq foot).
The average size of a house on ADELAIDE TERRACE is 84 sq meters (908 sq feet).
This house is the largest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Adelaide Terrace |
| Mar 2024 | Anti-social behaviour | On or near Adelaide Terrace | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Adelaide Terrace |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Adelaide Terrace |
| Feb 2024 | Drugs | Under investigation | On or near Adelaide Terrace |