£31,403
This estimated value is based upon the latest sale price for the house of £23,640 on 26 Sep 2016. 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 Mather Road
More crime details
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| Price Paid | Date |
|---|---|
| £23,640 | 26 Sep 2016 |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2016 the House Price Index for TYNE AND WEAR was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £23,640 results in an estimated price of approximately £31,403.
| 26 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £23,640 | £7,763 | £31,403 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 32.240 % | £7,621 | £31,261 |
| 3 Month Average | 7.780 % | £1,839 | £25,479 |
| 6 Month Average | 20.029 % | £4,734 | £28,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £118,033 | £117,000 | 12 HOUSTON STREET |
| 15 Mar 2023 | £277,615 | £275,000 | 10 VICTORIA STREET |
| 9 Mar 2023 | £190,798 | £189,000 | 3 IVY CLOSE |
| 13 Jan 2023 | £298,593 | £300,000 | 8 IVY CLOSE |
| 2 Sep 2022 | £138,879 | £140,000 | 48 CAMBRIDGE STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 18 Jul 2016. Using an estimated price of £31,403 means this house is valued at £506 per sq meter (£47 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Mather Road | |
| Mar 2024 | Burglary | Under investigation | On or near Mather Road |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Mather Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Waverley Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Waverley Road |