£70,831
This estimated value is based upon the latest sale price for the house of £70,500 on 10 Aug 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£70,500 | 10 Aug 2022 |
£102,000 | 5 Nov 2007 |
£81,000 | 20 Aug 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 606 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 2022 the House Price Index for TYNE AND WEAR was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £70,500 results in an estimated price of approximately £70,831.
10 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 149.7 | 0.470 % | £70,500 | £331 | £70,831 |
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 | -27.711 % | £-19,536 | £50,963 |
3 Month Average | -10.010 % | £-7,056 | £63,443 |
6 Month Average | -10.140 % | £-7,148 | £63,351 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £80,701 | £80,000 | 383 OLD DURHAM ROAD |
29 Sep 2023 | £55,217 | £54,000 | 30 KITCHENER STREET |
6 Jun 2023 | £93,881 | £92,000 | 29 BADEN POWELL STREET |
20 Jan 2023 | £97,761 | £97,500 | 393 OLD DURHAM ROAD |
10 Aug 2022 | £70,831 | £70,500 | 16 BADEN POWELL STREET |
This house has a floor area of 56 sq meters or 606 sq feet when measured on 15 Dec 2011. Using an estimated price of £70,831 means this house is valued at £1,258 per sq meter (£116 per sq foot).
The average size of a house on BADEN POWELL STREET is 67 sq meters (725 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Baden Powell Street |
Apr 2024 | Vehicle crime | Under investigation | On or near Baden Powell Street |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kitchener Street |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Mafeking Street |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Warburton Crescent |