£71,267
This estimated value is based upon the latest sale price for the house of £58,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£58,000 | 31 Jan 2020 |
£75,000 | 2 Nov 2013 |
£49,950 | 13 Jun 2003 |
£29,000 | 29 May 1998 |
£28,500 | 17 May 1996 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £58,000 results in an estimated price of approximately £71,267.
31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £58,000 | £13,267 | £71,267 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 97.056 % | £56,292 | £114,292 |
3 Month Average | -2.272 % | £-1,317 | £56,682 |
6 Month Average | -2.751 % | £-1,595 | £56,404 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £55,858 | £55,000 | 16 PARLIAMENT STREET |
8 Sep 2023 | £99,186 | £97,000 | 4A PARLIAMENT STREET |
28 Apr 2023 | £81,525 | £80,000 | 53 ANN STREET |
3 Feb 2023 | £70,471 | £70,000 | 116 LYON STREET |
23 Jun 2022 | £127,730 | £125,000 | 108 LYON STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 15 Jul 2019. Using an estimated price of £71,267 means this house is valued at £913 per sq meter (£84 per sq foot).
The average size of a house on CHURCH STREET is 95 sq meters (1,022 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ann Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ann Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Price Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Price Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Price Street |