£183,646
This estimated value is based upon the latest sale price for the house of £115,000 on 15 May 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£115,000 | 15 May 2007 |
Detached |
Leasehold |
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 2007 the House Price Index for TYNE AND WEAR was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £115,000 results in an estimated price of approximately £183,646.
15 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.1 | 148.6 | 59.693 % | £115,000 | £68,646 | £183,646 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 60.728 % | £69,837 | £184,837 |
3 Month Average | 60.480 % | £69,551 | £184,551 |
6 Month Average | 48.676 % | £55,976 | £170,976 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Feb 2023 | £179,879 | £180,000 | 9A BROOK STREET |
1 Jul 2022 | £381,026 | £380,000 | 30 OXFORD STREET |
23 Jun 2022 | £400,662 | £395,000 | 12 BROOK STREET |
13 May 2022 | £122,305 | £120,000 | FLAT 5 6 MASON AVENUE |
28 Oct 2021 | £331,943 | £300,000 | 36 OXFORD STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Brook Street |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Charles Avenue |
Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Charles Avenue |
Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Brook Gardens |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brook Gardens |