£89,503
This estimated value is based upon the latest sale price for the house of £57,000 on 31 Jan 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£57,000 | 31 Jan 2008 |
£49,950 | 9 Jun 2006 |
£30,000 | 30 Jul 2004 |
£38,000 | 4 Oct 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 2008 the House Price Index for TYNE AND WEAR was 95.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £57,000 results in an estimated price of approximately £89,503.
31 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 149.7 | 57.023 % | £57,000 | £32,503 | £89,503 |
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 | 84.328 % | £48,067 | £105,067 |
3 Month Average | 36.059 % | £20,553 | £77,553 |
6 Month Average | 17.288 % | £9,854 | £66,854 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £66,014 | £65,000 | 42 CHATTON STREET |
7 Mar 2024 | £72,108 | £71,000 | 73 BARRASFORD STREET |
6 Sep 2023 | £38,857 | £38,000 | 66 BARRASFORD STREET |
31 Aug 2023 | £52,955 | £52,000 | 66 GALLANT TERRACE |
31 Mar 2023 | £37,120 | £36,500 | 12 BARRASFORD STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 20 Feb 2015. Using an estimated price of £89,503 means this house is valued at £1,316 per sq meter (£122 per sq foot).
The average size of a house on BARRASFORD STREET is 69 sq meters (743 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Barrasford Street | |
Jul 2024 | Anti-social behaviour | On or near Barrasford Street | |
May 2024 | Anti-social behaviour | On or near Barrasford Street | |
May 2024 | Anti-social behaviour | On or near Barrasford Street | |
May 2024 | Anti-social behaviour | On or near Barrasford Street |