£79,859
This estimated value is based upon the latest sale price for the house of £79,000 on 6 Apr 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £79,000 | 6 Apr 2023 |
| £64,750 | 17 Feb 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 April 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £79,000 results in an estimated price of approximately £79,859.
| 6 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £79,000 | £859 | £79,859 |
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 | 27.215 % | £21,499 | £100,499 |
| 3 Month Average | -17.145 % | £-13,544 | £65,455 |
| 6 Month Average | -2.840 % | £-2,243 | £76,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £79,860 | £79,000 | 2 THORNBOROUGH HOUSE |
| 12 Jan 2023 | £57,230 | £57,500 | 2A DUNMORLIE STREET |
| 1 Sep 2022 | £49,599 | £50,000 | 253 BENSON ROAD |
| 6 May 2022 | £73,383 | £72,000 | 58 MORTON STREET |
| 31 Mar 2022 | £56,994 | £55,000 | 1 DUNMORLIE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Renwick Street |
| Mar 2024 | Anti-social behaviour | On or near Renwick Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Renwick Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Renwick Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Renwick Street |