£193,279
This estimated value is based upon the latest sale price for the house of £69,950 on 2 Aug 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£69,950 | 2 Aug 2002 |
£32,000 | 20 Mar 1996 |
£43,000 | 16 Jan 1995 |
Terraced |
Freehold |
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 August 2002 the House Price Index for TYNE AND WEAR was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £69,950 results in an estimated price of approximately £193,279.
2 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
54.2 | 149.7 | 176.311 % | £69,950 | £123,329 | £193,279 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 61.700 % | £43,159 | £113,109 |
3 Month Average | 74.844 % | £52,353 | £122,303 |
6 Month Average | 88.943 % | £62,215 | £132,165 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £80,701 | £80,000 | 383 OLD DURHAM ROAD |
29 Sep 2023 | £55,217 | £54,000 | 30 KITCHENER STREET |
6 Jun 2023 | £93,881 | £92,000 | 29 BADEN POWELL STREET |
20 Jan 2023 | £97,761 | £97,500 | 393 OLD DURHAM ROAD |
10 Aug 2022 | £70,831 | £70,500 | 16 BADEN POWELL STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Baden Powell Street |
Apr 2024 | Vehicle crime | Under investigation | On or near Baden Powell Street |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kitchener Street |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Mafeking Street |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Warburton Crescent |