£84,642
This estimated value is based upon the latest sale price for the house of £65,000 on 13 Apr 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Aln Street
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Price Paid | Date |
---|---|
£65,000 | 13 Apr 2017 |
£75,000 | 4 Jun 2004 |
£26,300 | 23 Dec 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 733 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 April 2017 the House Price Index for TYNE AND WEAR was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £65,000 results in an estimated price of approximately £84,642.
13 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £65,000 | £19,642 | £84,642 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 83.996 % | £54,597 | £119,597 |
3 Month Average | 25.155 % | £16,350 | £81,350 |
6 Month Average | -3.411 % | £-2,217 | £62,782 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £203,121 | £200,000 | 11 - 13 VICTORIA ROAD EAST |
17 Aug 2023 | £61,102 | £60,000 | 12 WHICKHAM ROAD |
27 Jun 2023 | £53,574 | £52,500 | 91 TWEED STREET |
3 Mar 2023 | £85,427 | £84,000 | 17 WHICKHAM ROAD |
20 Sep 2022 | £59,960 | £60,000 | 10 WHICKHAM ROAD |
This house has a floor area of 68 sq meters or 733 sq feet when measured on 28 Jan 2012. Using an estimated price of £84,642 means this house is valued at £1,241 per sq meter (£115 per sq foot).
The average size of a house on ALN STREET is 83 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Aln Street |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Aln Street |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Aln Street |
Jun 2024 | Anti-social behaviour | On or near Aln Street | |
Jun 2024 | Anti-social behaviour | On or near Aln Street |