£160,021
This estimated value is based upon the latest sale price for the house of £35,000 on 5 Oct 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £35,000 | 5 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 1998 the House Price Index for TYNE AND WEAR was 32.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 357.205%.Applying this 357.205% change to the original purchase price of £35,000 results in an estimated price of approximately £160,021.
| 5 Oct 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 146.7 | 357.205 % | £35,000 | £125,021 | £160,021 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 183.910 % | £64,368 | £99,368 |
| 3 Month Average | 290.448 % | £101,656 | £136,656 |
| 6 Month Average | 270.768 % | £94,768 | £129,768 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 Nov 2015.
The average size of a house on NORTH TERRACE is 109 sq meters (1,178 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near North Terrace |
| Mar 2024 | Vehicle crime | Under investigation | On or near Church View |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Church View |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Church View |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Church View |