£794,791
This estimated value is based upon the latest sale price for the house of £692,500 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £692,500 | 11 Dec 2020 |
| £475,000 | 20 Feb 2015 |
| Freehold |
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 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £692,500 results in an estimated price of approximately £794,791.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £692,500 | £102,291 | £794,791 |
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 | 15.084 % | £104,453 | £796,953 |
| 3 Month Average | 24.800 % | £171,742 | £864,242 |
| 6 Month Average | 16.657 % | £115,350 | £807,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £50,476 | £50,000 | UNIT 4 DEIGHTON BROS NEWCASTLE LTD ABBOTSFORD ROAD |
| 10 Mar 2023 | £151,427 | £150,000 | R C AUTO SERVICES LTD ABBOTSFORD ROAD |
| 19 Aug 2022 | £63,828 | £64,000 | 16 NOBLE STREET |
| 9 Jun 2022 | £522,382 | £515,000 | 4 BALTIC ROAD |
| 19 May 2022 | £117,209 | £115,000 | 16 HURSLEY WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nest Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Nest Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Felling House Gardens |
| Feb 2024 | Other crime | Under investigation | On or near Noble Street |