£111,184
This estimated value is based upon the latest sale price for the house of £90,000 on 18 Mar 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,000 | 18 Mar 2019 |
| £96,000 | 4 Apr 2008 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 March 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £90,000 results in an estimated price of approximately £111,184.
| 18 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £90,000 | £21,184 | £111,184 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -4.925 % | £-4,432 | £85,567 |
| 3 Month Average | -14.742 % | £-13,267 | £76,732 |
| 6 Month Average | 11.394 % | £10,254 | £100,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £406,011 | £400,000 | 53 BEACH ROAD |
| 31 Aug 2023 | £72,837 | £72,200 | 81 ANDERSON STREET |
| 22 Aug 2023 | £153,846 | £152,500 | 101 - 103 FOWLER STREET |
| 8 Mar 2023 | £233,702 | £231,500 | 31 BEACH ROAD |
| 20 Feb 2023 | £62,958 | £63,000 | 22 HATFIELD SQUARE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 19 Feb 2019. Using an estimated price of £111,185 means this house is valued at £983 per sq meter (£91 per sq foot).
The average size of a house on ANDERSON STREET is 123 sq meters (1,332 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Anderson Street |
| Mar 2024 | Anti-social behaviour | On or near Anderson Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Anderson Street |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Burglary | Under investigation | On or near Parking Area |