£102,944
This estimated value is based upon the latest sale price for the house of £80,000 on 19 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 19 May 2017 |
| £94,950 | 14 Mar 2006 |
| £90,000 | 30 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,144 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 May 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £80,000 results in an estimated price of approximately £102,944.
| 19 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £80,000 | £22,944 | £102,944 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | 8.721 % | £6,976 | £86,976 |
| 3 Month Average | 13.152 % | £10,521 | £90,521 |
| 6 Month Average | 6.712 % | £5,369 | £85,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £75,620 | £74,500 | 62 LEMON STREET |
| 23 Aug 2023 | £113,997 | £113,000 | 102 VINE STREET |
| 20 Jun 2023 | £50,613 | £50,000 | 346 STANHOPE ROAD |
| 20 Feb 2023 | £60,959 | £61,000 | 70 VINE STREET |
| 28 Jul 2022 | £63,170 | £63,000 | 52 LEMON STREET |
This house has a floor area of 106 sq meters or 1,144 sq feet when measured on 3 Jun 2011. Using an estimated price of £102,944 means this house is valued at £968 per sq meter (£89 per sq foot).
The average size of a house on LEMON STREET is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lemon Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lemon Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lemon Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vine Street |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Vine Street |