£131,944
This estimated value is based upon the latest sale price for the house of £122,000 on 19 Nov 2021. 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 Conway Square
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £122,000 | 19 Nov 2021 |
| £101,000 | 11 Oct 2013 |
| Terraced |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 November 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £122,000 results in an estimated price of approximately £131,944.
| 19 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £122,000 | £9,944 | £131,944 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -28.896 % | £-35,252 | £86,747 |
| 3 Month Average | 8.665 % | £10,570 | £132,570 |
| 6 Month Average | 13.778 % | £16,809 | £138,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £7,091 | £7,000 | 7 CONWAY SQUARE |
| 4 Sep 2023 | £70,907 | £70,000 | 368 OLD DURHAM ROAD |
| 18 Aug 2023 | £226,986 | £225,000 | 20 LYNNHOLME GARDENS |
| 14 Jul 2023 | £129,239 | £127,500 | 3 CONWAY SQUARE |
| 17 Feb 2023 | £219,852 | £220,000 | 52 HOLYOAKE GARDENS |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 14 Sep 2012. Using an estimated price of £131,945 means this house is valued at £2,314 per sq meter (£215 per sq foot).
The average size of a house on CONWAY SQUARE is 60 sq meters (652 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Conway Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Conway Square |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Conway Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Conway Square |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Conway Square |