£128,150
This estimated value is based upon the latest sale price for the house of £103,725 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £103,725 | 21 Jun 2019 |
| £65,000 | 30 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 888 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 June 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £103,725 results in an estimated price of approximately £128,150.
| 21 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £103,725 | £24,425 | £128,150 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | -16.604 % | £-17,222 | £86,502 |
| 3 Month Average | -10.205 % | £-10,584 | £93,140 |
| 6 Month Average | 9.846 % | £10,212 | £113,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £86,277 | £85,000 | 95 - 97 RECTORY ROAD |
| 22 Sep 2023 | £71,920 | £71,000 | 97 RECTORY ROAD |
| 4 Aug 2023 | £95,838 | £95,000 | 26 CURZON STREET |
| 14 Jul 2023 | £194,113 | £191,500 | 52 CURZON STREET |
| 21 Nov 2022 | £98,803 | £100,000 | 4 CURZON STREET |
This house has a floor area of 82 sq meters or 888 sq feet when measured on 14 Mar 2011. Using an estimated price of £128,151 means this house is valued at £1,553 per sq meter (£144 per sq foot).
The average size of a house on CURZON STREET is 86 sq meters (930 sq feet).