£63,230
This estimated value is based upon the latest sale price for the house of £26,500 on 2 May 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£26,500 | 2 May 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 2003 the House Price Index for TYNE AND WEAR was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £26,500 results in an estimated price of approximately £63,230.
2 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 149.7 | 138.605 % | £26,500 | £36,730 | £63,230 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 200.373 % | £53,098 | £79,598 |
3 Month Average | 151.413 % | £40,124 | £66,624 |
6 Month Average | 141.341 % | £37,455 | £63,955 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £123,904 | £122,000 | 22 WESTMORLAND AVENUE |
24 Nov 2023 | £164,167 | £160,000 | 53 NORMAN TERRACE |
22 Nov 2023 | £374,506 | £365,000 | 2 BEWICKE ROAD |
25 Sep 2023 | £74,645 | £73,000 | 38 CLAVERING STREET |
14 Apr 2023 | £64,201 | £63,000 | 31 BYRON AVENUE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 29 Aug 2019. Using an estimated price of £63,230 means this house is valued at £1,071 per sq meter (£99 per sq foot).
The average size of a house on CLAVERING STREET is 102 sq meters (1,103 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Clavering Street | |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Clavering Street |
Jun 2024 | Anti-social behaviour | On or near Clavering Street | |
Jun 2024 | Anti-social behaviour | On or near Clavering Street | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Clavering Street |