£52,388
This estimated value is based upon the latest sale price for the house of £38,500 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£38,500 | 24 Mar 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 2016 the House Price Index for TYNE AND WEAR was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £38,500 results in an estimated price of approximately £52,388.
24 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £38,500 | £13,888 | £52,388 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -5.072 % | £-1,952 | £36,547 |
3 Month Average | 40.904 % | £15,748 | £54,248 |
6 Month Average | 38.803 % | £14,939 | £53,439 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £76,743 | £75,000 | 17 CARDONNEL STREET |
16 Oct 2023 | £76,743 | £75,000 | 19 CARDONNEL STREET |
4 Apr 2023 | £102,925 | £101,000 | 121 SEYMOUR STREET |
19 Oct 2022 | £54,817 | £55,000 | 48 WATERVILLE ROAD |
17 Jun 2022 | £87,878 | £86,000 | 22 HENRY STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 12 Feb 2014. Using an estimated price of £52,388 means this house is valued at £748 per sq meter (£69 per sq foot).
The average size of a house on CARDONNEL STREET is 71 sq meters (767 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Cardonnel Street |
Jul 2024 | Public order | Under investigation | On or near Cardonnel Street |
Jun 2024 | Anti-social behaviour | On or near Cardonnel Street | |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cardonnel Street |
Jun 2024 | Anti-social behaviour | On or near Cardonnel Street |