£36,847
This estimated value is based upon the latest sale price for the house of £36,500 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Barrasford Street
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Price Paid | Date |
---|---|
£36,500 | 31 Mar 2023 |
£24,500 | 26 Jan 2016 |
£50,000 | 27 Oct 2006 |
£30,000 | 22 Apr 2004 |
£21,000 | 7 Aug 2003 |
£8,500 | 21 Jul 1997 |
£11,000 | 4 Oct 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 March 2023 the House Price Index for TYNE AND WEAR was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £36,500 results in an estimated price of approximately £36,847.
31 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.6 | 0.951 % | £36,500 | £347 | £36,847 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 16.949 % | £6,186 | £42,686 |
3 Month Average | -2.563 % | £-935 | £35,564 |
6 Month Average | 1.002 % | £365 | £36,865 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £71,000 | £71,000 | 73 BARRASFORD STREET |
6 Sep 2023 | £38,492 | £38,000 | 66 BARRASFORD STREET |
31 Mar 2023 | £36,847 | £36,500 | 12 BARRASFORD STREET |
1 Jul 2022 | £88,238 | £88,000 | 72 GALLANT TERRACE |
22 Dec 2020 | £42,752 | £37,250 | 6 BARRASFORD STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 29 Jul 2020. Using an estimated price of £36,847 means this house is valued at £646 per sq meter (£60 per sq foot).
The average size of a house on BARRASFORD STREET is 69 sq meters (743 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Barrasford Street |
Apr 2024 | Other theft | Under investigation | On or near Barrasford Street |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barrasford Street |
Apr 2024 | Drugs | Under investigation | On or near Barrasford Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Barrasford Street |