£112,525
This estimated value is based upon the latest sale price for the house of £89,000 on 31 Jan 2018. 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 Ann Street
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Price Paid | Date |
---|---|
£89,000 | 31 Jan 2018 |
£89,000 | 31 Jan 2018 |
£36,750 | 10 May 2001 |
Freehold |
Floor Area: 92 sq meters or 992 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 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £89,000 results in an estimated price of approximately £112,525.
31 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £89,000 | £23,525 | £112,525 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -10.393 % | £-9,250 | £79,749 |
3 Month Average | 23.517 % | £20,929 | £109,929 |
6 Month Average | 15.702 % | £13,975 | £102,975 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £137,107 | £135,000 | 64 THERESA STREET |
20 Oct 2023 | £112,556 | £110,000 | 68 MARY STREET |
11 Apr 2023 | £130,949 | £128,500 | 58 MARY STREET |
27 Mar 2023 | £92,037 | £90,500 | 59 MARY STREET |
16 Mar 2023 | £86,444 | £85,000 | 63 THERESA STREET |
This house has a floor area of 92 sq meters or 992 sq feet when measured on 28 Oct 2010. Using an estimated price of £112,525 means this house is valued at £1,220 per sq meter (£113 per sq foot).
The average size of a house on THERESA STREET is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ann Street |
Jun 2024 | Burglary | Under investigation | On or near Ann Street |
Apr 2024 | Anti-social behaviour | On or near Ann Street | |
Apr 2024 | Anti-social behaviour | On or near Ann Street | |
Apr 2024 | Other crime | Under investigation | On or near Ann Street |