£82,487
This estimated value is based upon the latest sale price for the house of £61,500 on 22 Aug 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 |
---|---|
£61,500 | 22 Aug 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 626 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 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £61,500 results in an estimated price of approximately £82,487.
22 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £61,500 | £20,987 | £82,487 |
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 | 2.230 % | £1,371 | £62,871 |
3 Month Average | 9.275 % | £5,704 | £67,204 |
6 Month Average | 7.247 % | £4,456 | £65,956 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £80,701 | £80,000 | 383 OLD DURHAM ROAD |
14 Nov 2023 | £77,979 | £76,000 | 6 SHERIFF MOUNT NORTH |
29 Sep 2023 | £55,217 | £54,000 | 30 KITCHENER STREET |
28 Sep 2023 | £58,285 | £57,000 | 9 SHERIFF MOUNT NORTH |
6 Jun 2023 | £93,881 | £92,000 | 29 BADEN POWELL STREET |
This house has a floor area of 58 sq meters or 626 sq feet when measured on 1 Apr 2011. Using an estimated price of £82,488 means this house is valued at £1,417 per sq meter (£131 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 |
May 2024 | Other theft | Offender given a caution | On or near Methuen Street |