£3,123,651
This estimated value is based upon the latest sale price for the house of £2,500,000 on 28 Feb 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £2,500,000 | 28 Feb 2018 |
| 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 February 2018 the House Price Index for TYNE AND WEAR was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £2,500,000 results in an estimated price of approximately £3,123,651.
| 28 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £2,500,000 | £623,651 | £3,123,651 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | -28.673 % | £-716,819 | £1,783,180 |
| 3 Month Average | -5.565 % | £-139,120 | £2,360,879 |
| 6 Month Average | 10.138 % | £253,459 | £2,753,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £210,000 | £210,000 | 184 ROKER AVENUE |
| 6 Dec 2023 | £117,048 | £115,000 | 30 ST PETERS VIEW |
| 18 Aug 2023 | £116,015 | £115,000 | 11 BRIGHT STREET |
| 1 Aug 2023 | £26,229 | £26,000 | UNIT B G-02 ALL SAINTS HOUSE PORTOBELLO LANE |
| 31 Jul 2023 | £24,327 | £24,000 | UNIT C G-07 ALL SAINTS HOUSE PORTOBELLO LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Dixon'S Square | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dixon'S Square |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Dixon'S Square |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Dixon'S Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dixon'S Square |