£114,771
This estimated value is based upon the latest sale price for the house of £100,000 on 18 Dec 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 |
|---|---|
| £100,000 | 18 Dec 2020 |
| £93,000 | 9 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £100,000 results in an estimated price of approximately £114,771.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £100,000 | £14,771 | £114,771 |
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 | 86.654 % | £86,654 | £186,654 |
| 3 Month Average | 10.685 % | £10,684 | £110,684 |
| 6 Month Average | 7.533 % | £7,533 | £107,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £126,533 | £125,000 | 10 HIGHFIELD TERRACE |
| 22 Jun 2023 | £50,613 | £50,000 | 33 KINGSMERE GARDENS |
| 26 Apr 2022 | £38,103 | £37,000 | 32 KINGSMERE GARDENS |
| 5 Nov 2021 | £61,646 | £57,000 | 28 WALKER PARK CLOSE |
| 16 Sep 2021 | £56,035 | £52,000 | 17 WALKER PARK CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 9 Feb 2016. Using an estimated price of £114,771 means this house is valued at £1,334 per sq meter (£123 per sq foot).
The average size of a house on EXETER STREET is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highfield Terrace |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Highfield Terrace |
| Feb 2024 | Public order | Under investigation | On or near Highfield Terrace |
| Mar 2024 | Public order | Under investigation | On or near Walker Park Close |
| Mar 2024 | Public order | Under investigation | On or near Walker Park Close |