£140,615
This estimated value is based upon the latest sale price for the house of £75,000 on 15 Apr 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 15 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 April 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £75,000 results in an estimated price of approximately £140,615.
| 15 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £75,000 | £65,615 | £140,615 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 15.806 % | £11,854 | £86,854 |
| 3 Month Average | 68.778 % | £51,583 | £126,583 |
| 6 Month Average | 48.084 % | £36,062 | £111,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2024 | £82,000 | £82,000 | 4 ASH STREET |
| 27 Oct 2023 | £69,069 | £67,500 | 13 CROWLEY GARDENS |
| 21 Jun 2023 | £122,454 | £120,000 | 21 LIME STREET |
| 6 Feb 2023 | £115,773 | £115,000 | 3 CONTENT STREET |
| 30 May 2022 | £118,076 | £115,000 | 29 ASH STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 7 Dec 2021. Using an estimated price of £140,616 means this house is valued at £1,980 per sq meter (£183 per sq foot).
The average size of a house on CONTENT STREET is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Content Street |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ash Street |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Ash Street |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ash Street |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Angel Street |