9 OAKFIELD TERRACE

£106,059

Full Address

9 OAKFIELD TERRACE
GATESHEAD
TYNE AND WEAR
UNITED KINGDOM
NE10 0YB

Estimated Market Value

£106,059

This estimated value is based upon the latest sale price for the house of £80,000 on 25 May 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 Salisbury Street

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Transactions for this house
Price PaidDate
£80,00025 May 2016
£84,95013 Jul 2007
£27,75028 Mar 2000
House Details
Flats/Maisonettes
Freehold
Floor Area: 75 sq meters or 810 sq feet

House Price Models

Land Registry House Price Index Model

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 May 2016 the House Price Index for TYNE AND WEAR was 110.7.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 32.574%.

Applying this 32.574% change to the original purchase price of £80,000 results in an estimated price of approximately £106,059.

25 May 2016 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
110.7 146.7 32.574 % £80,000 £26,059 £106,059

The Postcode Pricing Model uses changes in average sales price within the NE10 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 6.243 % £4,994 £84,994
3 Month Average 11.904 % £9,523 £89,523
6 Month Average 12.812 % £10,249 £90,249
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

This house has a floor area of 75 sq meters or 810 sq feet when measured on 25 May 2011.

The average size of a house on OAKFIELD TERRACE is 79 sq meters (858 sq feet).
This house is the largest in the street with a floor area of 75 sq meters (810 sq feet).

Recent Crimes Near Here
DateCrimeOutcomeWhere
Dec 2023 Burglary Under investigation On or near Salisbury Street
Mar 2024 Violence and sexual offences Investigation complete; no suspect identified On or near Portland Street
Dec 2023 Anti-social behaviour On or near Portland Street
Dec 2023 Anti-social behaviour On or near Portland Street
Dec 2023 Anti-social behaviour On or near Portland Street

View full details of these crimes and others in this area

Companies Near Here
RAYSON M LTD
6 Salisbury Street Gateshead England NE10 0XY
APC INVESTIGATIONS LTD
2 FRAZER TERRACE GATESHEAD TYNE & WEAR NE10 0YA
NKN STAR LTD
45 York Street Gateshead Tyne And Wear United Kingdom NE10 0QL
OVERKILL APPAREL LIMITED
25 YORK STREET PELAW GATESHEAD UNITED KINGDOM NE10 0QL
PEARSON PIPE SERVICES LTD
52 YORK STREET PELAW GATESHEAD TYNE AND WEAR ENGLAND NE10 0QL

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People Near Here
Mr Stephen Vasey Historic Information
19 Salisbury Street, NE10 0XY
Mr Adam Peter Conway
2 Frazer Terrace, NE10 0YA
Mr Brian Dowling
33 York Street, Pelaw, NE10 0QL
Mr Lewis Moss-Howeth
12 Salisbury Street, NE10 0XY
Miss Tiffany Sanya Historic Information
38 Portland Street, NE10 0XX
Mr Lewis Derek Moss-Howeth Historic Information
12 Salisbury Street, NE10 0XY
Miss Jennifer Mcfadden
40 York Street, Pelaw, NE10 0QL
EILEEN THERESA ROGAN Historic Information
54 YORK STREET, PELAW, NE10 0QL
MR ALEXANDER CLARKSON NONE
25 YORK STREET, PELAW, NE10 0QL
DARA OLAWUWO ASSISTANT
39 PORTLAND STREET, NE10 0XX
MR LESLIE BRIAN ANNIS Historic Information BUS & COACH OPERATOR
44 PORTLAND STREET, NE10 0XX

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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