£183,044
This estimated value is based upon the latest sale price for the house of £143,050 on 23 Mar 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Washington Terrace
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| Price Paid | Date |
|---|---|
| £143,050 | 23 Mar 2017 |
| £125,000 | 21 Jun 2013 |
| £113,000 | 15 Apr 2011 |
| £122,500 | 18 Jul 2008 |
| £83,799 | 18 Dec 2003 |
| £36,000 | 31 Mar 2000 |
| £39,500 | 28 Jan 1999 |
| £38,000 | 22 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 March 2017 the House Price Index for TYNE AND WEAR was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £143,050 results in an estimated price of approximately £183,044.
| 23 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £143,050 | £39,994 | £183,044 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 29.000 % | £41,484 | £184,534 |
| 3 Month Average | 21.692 % | £31,030 | £174,080 |
| 6 Month Average | 20.328 % | £29,079 | £172,129 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 6 Feb 2013.
The average size of a house on WASHINGTON TERRACE is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Washington Terrace |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Washington Terrace |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Washington Terrace |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Washington Terrace |
| Feb 2024 | Anti-social behaviour | On or near Washington Terrace |