£41,448
This estimated value is based upon the latest sale price for the house of £15,385 on 24 Sep 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£15,385 | 24 Sep 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 September 2002 the House Price Index for TYNE AND WEAR was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £15,385 results in an estimated price of approximately £41,448.
24 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 148.6 | 169.411 % | £15,385 | £26,063 | £41,448 |
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 | 226.980 % | £34,920 | £50,305 |
3 Month Average | 179.922 % | £27,681 | £43,066 |
6 Month Average | 209.494 % | £32,230 | £47,615 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £50,648 | £50,000 | 104 CHARLOTTE STREET |
3 Aug 2023 | £131,147 | £130,000 | 81 RICHARDSON STREET |
17 Feb 2023 | £141,905 | £142,000 | 98 RICHARDSON STREET |
13 Feb 2023 | £87,091 | £87,150 | 78 NORTHUMBERLAND STREET |
16 Jan 2023 | £71,662 | £72,000 | 82 RICHARDSON STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 28 Oct 2021. Using an estimated price of £41,449 means this house is valued at £668 per sq meter (£62 per sq foot).
The average size of a house on CHARLOTTE STREET is 75 sq meters (808 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richardson Street |
Mar 2024 | Public order | Under investigation | On or near Richardson Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richardson Street |
Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Richardson Street |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richardson Street |