£88,620
This estimated value is based upon the latest sale price for the house of £69,775 on 30 Aug 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£69,775 | 30 Aug 2017 |
£57,000 | 25 Jul 2014 |
£64,500 | 28 Sep 2012 |
£86,500 | 12 Apr 2007 |
£60,000 | 12 Sep 2003 |
£28,000 | 30 Nov 1999 |
£24,000 | 15 Sep 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 August 2017 the House Price Index for TYNE AND WEAR was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £69,775 results in an estimated price of approximately £88,620.
30 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £69,775 | £18,845 | £88,620 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 1.800 % | £1,256 | £71,031 |
3 Month Average | 19.839 % | £13,842 | £83,617 |
6 Month Average | 25.632 % | £17,885 | £87,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £54,699 | £54,000 | 30 KITCHENER STREET |
21 Jul 2023 | £81,091 | £80,000 | 33 BADEN POWELL STREET |
6 Jun 2023 | £93,128 | £92,000 | 29 BADEN POWELL STREET |
20 Jan 2023 | £97,043 | £97,500 | 393 OLD DURHAM ROAD |
10 Aug 2022 | £70,311 | £70,500 | 16 BADEN POWELL STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 22 Jun 2017. Using an estimated price of £88,620 means this house is valued at £1,363 per sq meter (£126 per sq foot).
The average size of a house on KITCHENER STREET is 73 sq meters (791 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Mafeking Street | |
Feb 2024 | Anti-social behaviour | On or near Mafeking Street | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Grange Terrace |
Mar 2024 | Anti-social behaviour | On or near Methuen Street | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Methuen Street |