£80,741
This estimated value is based upon the latest sale price for the house of £68,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £68,000 | 25 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 September 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £68,000 results in an estimated price of approximately £80,741.
| 25 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £68,000 | £12,741 | £80,741 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 48.548 % | £33,012 | £101,012 |
| 3 Month Average | -5.671 % | £-3,856 | £64,143 |
| 6 Month Average | 7.483 % | £5,088 | £73,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £142,493 | £140,000 | 75 OUSEBURN WHARF ST LAWRENCE ROAD |
| 8 Dec 2023 | £150,127 | £147,500 | 2 RODNEY STREET |
| 28 Nov 2023 | £74,148 | £73,050 | 1 CLIVE PLACE |
| 17 Nov 2023 | £105,563 | £104,000 | 84 OUSEBURN WHARF ST LAWRENCE ROAD |
| 29 Sep 2023 | £91,672 | £90,500 | 11 BRINKBURN STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 6 Nov 2019. Using an estimated price of £80,742 means this house is valued at £897 per sq meter (£83 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Brock Street | |
| Apr 2024 | Other crime | Under investigation | On or near Brock Street |
| Apr 2024 | Public order | Under investigation | On or near Brock Street |
| Feb 2024 | Public order | Under investigation | On or near Brock Street |
| Apr 2024 | Anti-social behaviour | On or near Dibley Street |