£140,792
This estimated value is based upon the latest sale price for the house of £143,000 on 22 Aug 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £143,000 | 22 Aug 2022 |
| £140,000 | 26 Aug 2016 |
| £159,950 | 21 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 649 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 August 2022 the House Price Index for TYNE AND WEAR was 149.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.544%.Applying this -1.544% change to the original purchase price of £143,000 results in an estimated price of approximately £140,792.
| 22 Aug 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 146.7 | -1.544 % | £143,000 | £-2,207 | £140,792 |
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 | -12.933 % | £-18,493 | £124,506 |
| 3 Month Average | -16.282 % | £-23,283 | £119,716 |
| 6 Month Average | -2.002 % | £-2,863 | £140,136 |
This house has a floor area of 60 sq meters or 649 sq feet when measured on 13 Oct 2011.
The average size of a house on CEMETERY ROAD is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Milton Square | |
| Feb 2024 | Anti-social behaviour | On or near Milton Square | |
| Jan 2024 | Anti-social behaviour | On or near Milton Square | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Milton Square |
| Jan 2024 | Anti-social behaviour | On or near Milton Square |