£154,384
This estimated value is based upon the latest sale price for the house of £90,000 on 4 Jan 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£90,000 | 4 Jan 2011 |
£80,000 | 20 Apr 2009 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 January 2011 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £90,000 results in an estimated price of approximately £154,384.
4 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.539 % | £90,000 | £64,384 | £154,384 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 171.294 % | £154,164 | £244,164 |
3 Month Average | 28.734 % | £25,860 | £115,860 |
6 Month Average | 37.817 % | £34,035 | £124,035 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2023 | £60,819 | £60,000 | 93 ADELAIDE TERRACE |
29 Mar 2023 | £50,476 | £50,000 | 125 ETHEL STREET |
29 Mar 2023 | £70,666 | £70,000 | 127 ETHEL STREET |
8 Mar 2023 | £504,755 | £500,000 | UNIT 1 95 - 109 ADELAIDE TERRACE |
2 Mar 2023 | £323,043 | £320,000 | 44 ADELAIDE TERRACE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 Oct 2015. Using an estimated price of £154,385 means this house is valued at £2,031 per sq meter (£188 per sq foot).
The average size of a house on CLARA STREET is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Clara Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Clara Street |