£110,709
This estimated value is based upon the latest sale price for the house of £65,000 on 24 Feb 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £65,000 | 24 Feb 2010 |
| Terraced |
| Freehold |
| Floor Area: 32 sq meters or 344 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 February 2010 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £65,000 results in an estimated price of approximately £110,709.
| 24 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £65,000 | £45,709 | £110,709 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 40.670 % | £26,435 | £91,435 |
| 3 Month Average | 18.671 % | £12,136 | £77,136 |
| 6 Month Average | 8.997 % | £5,848 | £70,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £37,659 | £37,000 | 59 NEVILLE ROAD |
| 29 Sep 2023 | £1,772,665 | £1,750,000 | GALA CLUBS PALLION NEW ROAD |
| 9 Jun 2023 | £79,969 | £79,000 | 110 NEVILLE ROAD |
| 30 Mar 2023 | £68,647 | £68,000 | 68 NEVILLE ROAD |
| 20 Feb 2023 | £184,877 | £185,001 | 7 HOPKINS COURT |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 12 Sep 2019. Using an estimated price of £110,710 means this house is valued at £3,459 per sq meter (£321 per sq foot).
The average size of a house on NEVILLE ROAD is 70 sq meters (758 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Treby Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Treby Street |
| Mar 2024 | Other crime | Under investigation | On or near Treby Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Treby Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lisburn Terrace |