£72,760
This estimated value is based upon the latest sale price for the house of £45,000 on 18 Dec 2013. 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 Howe Street
More crime details
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Price Paid | Date |
---|---|
£45,000 | 18 Dec 2013 |
£67,000 | 26 Apr 2005 |
£45,000 | 21 Jul 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 December 2013 the House Price Index for TYNE AND WEAR was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £45,000 results in an estimated price of approximately £72,760.
18 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 149.7 | 61.690 % | £45,000 | £27,760 | £72,760 |
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 | 52.189 % | £23,485 | £68,485 |
3 Month Average | 27.179 % | £12,230 | £57,230 |
6 Month Average | 27.057 % | £12,175 | £57,175 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £80,032 | £78,000 | 49 HOWE STREET |
27 Oct 2023 | £82,882 | £81,000 | 77 GLADSTONE STREET |
20 Oct 2023 | £122,738 | £119,950 | 46 GLADSTONE STREET |
12 Oct 2023 | £63,441 | £62,000 | 61 HOWE STREET |
5 Oct 2023 | £59,348 | £58,000 | 79 HOWE STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 9 Dec 2013. Using an estimated price of £72,760 means this house is valued at £1,154 per sq meter (£107 per sq foot).
The average size of a house on HOWE STREET is 75 sq meters (816 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Howe Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Howe Street |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Howe Street |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Howe Street |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Howe Street |