£1,253,511
This estimated value is based upon the latest sale price for the house of £1,170,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £1,170,000 | 22 Dec 2021 |
| £1,530,000 | 30 Jun 2017 |
| 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 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £1,170,000 results in an estimated price of approximately £1,253,511.
| 22 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £1,170,000 | £83,511 | £1,253,511 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -54.870 % | £-641,977 | £528,022 |
| 3 Month Average | -15.489 % | £-181,216 | £988,783 |
| 6 Month Average | -7.291 % | £-85,303 | £1,084,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £77,650 | £76,500 | 68 EGLINTON STREET |
| 8 Nov 2023 | £17,509 | £17,250 | UNIT 315 DUNN HOUSE, 50 - 56 NORTH BRIDGE STREET |
| 14 Jul 2023 | £91,228 | £90,000 | 2 DUNDAS STREET |
| 1 Jun 2023 | £86,042 | £85,000 | 33 NEWCASTLE ROAD |
| 4 Jan 2023 | £149,297 | £150,000 | WORKSHOP NORTH BRIDGE STREET BACK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Stadium Way | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stadium Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Back North Bridge Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Back North Bridge Street |
| Jan 2024 | Public order | Under investigation | On or near Rosebery Street |