£153,483
This estimated value is based upon the latest sale price for the house of £90,000 on 28 May 2012. 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 | 28 May 2012 |
£89,950 | 4 Aug 2008 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 877 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 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £90,000 results in an estimated price of approximately £153,483.
28 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.538 % | £90,000 | £63,483 | £153,483 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 4.199 % | £3,778 | £93,778 |
3 Month Average | 32.894 % | £29,604 | £119,604 |
6 Month Average | 29.791 % | £26,811 | £116,811 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Apr 2023 | £111,197 | £110,000 | 11 CAMERON CLOSE |
12 Aug 2022 | £82,777 | £83,000 | 16 GERALD STREET |
1 Jul 2022 | £190,463 | £189,950 | 66 GERALD STREET |
23 Jun 2022 | £126,792 | £125,000 | 6 BRODIE CLOSE |
25 Mar 2022 | £82,901 | £80,000 | 23 OSWALD STREET |
This house has a floor area of 81 sq meters or 877 sq feet when measured on 19 Jan 2012. Using an estimated price of £153,484 means this house is valued at £1,882 per sq meter (£174 per sq foot).
The average size of a house on GEOFFREY STREET is 95 sq meters (1,024 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gosforth Avenue |
Apr 2024 | Other crime | Under investigation | On or near Gerald Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Gerald Street |
Apr 2024 | Anti-social behaviour | On or near Gerald Street | |
Mar 2024 | Anti-social behaviour | On or near Gerald Street |