£147,305
This estimated value is based upon the latest sale price for the house of £46,000 on 8 Nov 2001. 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 |
|---|---|
| £46,000 | 8 Nov 2001 |
| £36,000 | 9 Mar 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2001 the House Price Index for TYNE AND WEAR was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £46,000 results in an estimated price of approximately £147,305.
| 8 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £46,000 | £101,305 | £147,305 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 192.522 % | £88,560 | £134,560 |
| 3 Month Average | 125.625 % | £57,787 | £103,787 |
| 6 Month Average | 179.916 % | £82,761 | £128,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £162,849 | £160,000 | 118 SIMONSIDE TERRACE |
| 30 Aug 2023 | £250,189 | £248,000 | 127 SIMONSIDE TERRACE |
| 25 Aug 2023 | £168,978 | £167,500 | 95 WARTON TERRACE |
| 30 Aug 2022 | £122,670 | £123,000 | 81 SIMONSIDE TERRACE |
| 29 Jul 2022 | £170,459 | £170,000 | 122 WARTON TERRACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 9 Aug 2019. Using an estimated price of £147,305 means this house is valued at £2,166 per sq meter (£201 per sq foot).
The average size of a house on SIMONSIDE TERRACE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Simonside Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Simonside Terrace |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Simonside Terrace |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Simonside Terrace |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Simonside Terrace |