£111,457
This estimated value is based upon the latest sale price for the house of £85,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 9 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2016 the House Price Index for TYNE AND WEAR was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £85,000 results in an estimated price of approximately £111,457.
| 9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £85,000 | £26,457 | £111,457 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | -8.014 % | £-6,811 | £78,188 |
| 3 Month Average | 2.994 % | £2,544 | £87,544 |
| 6 Month Average | -0.441 % | £-374 | £84,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £112,000 | £112,000 | 59 TYNE VIEW PLACE |
| 1 Mar 2024 | £125,000 | £125,000 | 2 WATSON STREET |
| 16 Nov 2023 | £166,972 | £164,500 | 2 HERITAGE CLOSE |
| 27 Mar 2023 | £93,885 | £93,000 | 51 TYNE VIEW PLACE |
| 14 Feb 2023 | £99,933 | £100,000 | 54 TYNE VIEW PLACE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 28 Oct 2015. Using an estimated price of £111,458 means this house is valued at £1,022 per sq meter (£94 per sq foot).
The average size of a house on UPTON STREET is 109 sq meters (1,179 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Amberley Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Northumberland Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northumberland Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Northumberland Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northumberland Street |