£155,133
This estimated value is based upon the latest sale price for the house of £125,000 on 6 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £125,000 | 6 Dec 2017 |
| £53,000 | 9 May 2003 |
| £20,500 | 23 Dec 1999 |
| £34,500 | 12 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £125,000 results in an estimated price of approximately £155,133.
| 6 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £125,000 | £30,133 | £155,133 |
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 | -6.426 % | £-8,032 | £116,967 |
| 3 Month Average | 26.743 % | £33,428 | £158,428 |
| 6 Month Average | 24.846 % | £31,056 | £156,056 |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 30 Sep 2017.
The average size of a house on NORTH ROAD is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clifton Avenue |
| Dec 2023 | Other crime | Under investigation | On or near Clifton Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clifton Avenue |
| Feb 2024 | Drugs | Under investigation | On or near North Road |
| Jan 2024 | Anti-social behaviour | On or near Harle Street |