£150,221
This estimated value is based upon the latest sale price for the house of £74,000 on 27 May 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £74,000 | 27 May 2004 |
| £49,950 | 31 Jan 2003 |
| £20,000 | 22 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 31 sq meters or 333 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 2004 the House Price Index for TYNE AND WEAR was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £74,000 results in an estimated price of approximately £150,221.
| 27 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £74,000 | £76,221 | £150,221 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 4.413 % | £3,265 | £77,265 |
| 3 Month Average | 54.761 % | £40,522 | £114,522 |
| 6 Month Average | 73.626 % | £54,483 | £128,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Feb 2022 | £97,194 | £92,000 | 38 LAET STREET |
| 22 Dec 2021 | £159,738 | £148,000 | 12 SAVILLE STREET WEST |
| 20 Dec 2021 | £43,172 | £40,000 | 34 HATFIELD HOUSE BOROUGH ROAD |
| 11 Oct 2021 | £70,224 | £63,000 | 9A LITTLE BEDFORD STREET |
| 27 Aug 2021 | £191,059 | £170,000 | 14 WALDO STREET |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 19 Jan 2016. Using an estimated price of £150,221 means this house is valued at £4,845 per sq meter (£450 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Sibthorpe Street |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Sibthorpe Street |
| Jun 2024 | Vehicle crime | Under investigation | On or near Sibthorpe Street |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sibthorpe Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Sibthorpe Street |