£107,722
This estimated value is based upon the latest sale price for the house of £76,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £76,000 | 30 Oct 2015 |
| £74,500 | 29 Oct 2010 |
| £77,500 | 9 Apr 2009 |
| £35,000 | 26 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 October 2015 the House Price Index for TYNE AND WEAR was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £76,000 results in an estimated price of approximately £107,722.
| 30 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £76,000 | £31,722 | £107,722 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -4.745 % | £-3,606 | £72,393 |
| 3 Month Average | 30.255 % | £22,994 | £98,994 |
| 6 Month Average | 15.582 % | £11,842 | £87,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £75,657 | £75,000 | 9 FRANCES STREET |
| 4 Apr 2024 | £75,657 | £75,000 | 8 HELEN STREET |
| 25 Sep 2023 | £82,570 | £80,750 | 25 HELEN STREET |
| 21 Jun 2023 | £79,595 | £78,000 | 24 SNOWDROP CLOSE |
| 9 Jun 2023 | £110,209 | £108,000 | 28 SNOWDROP CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 27 Nov 2018. Using an estimated price of £107,723 means this house is valued at £1,607 per sq meter (£149 per sq foot).
The average size of a house on HELEN STREET is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Frances Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Frances Street |
| May 2024 | Criminal damage and arson | Under investigation | On or near Frances Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Frances Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Frances Street |