£174,310
This estimated value is based upon the latest sale price for the house of £147,500 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£147,500 | 23 Oct 2020 |
£144,000 | 11 Sep 2015 |
£135,000 | 20 Jul 2012 |
£134,000 | 14 Jun 2007 |
Terraced |
Freehold |
Floor Area: 154 sq meters or 1,657 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £147,500 results in an estimated price of approximately £174,310.
23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £147,500 | £26,810 | £174,310 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -18.099 % | £-26,696 | £120,803 |
3 Month Average | 16.987 % | £25,056 | £172,556 |
6 Month Average | 22.099 % | £32,595 | £180,095 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £76,743 | £75,000 | 17 CARDONNEL STREET |
16 Oct 2023 | £76,743 | £75,000 | 19 CARDONNEL STREET |
4 Apr 2023 | £102,925 | £101,000 | 121 SEYMOUR STREET |
19 Oct 2022 | £54,817 | £55,000 | 48 WATERVILLE ROAD |
28 Mar 2022 | £46,977 | £45,000 | 23 CARDONNEL STREET |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 9 May 2012. Using an estimated price of £174,311 means this house is valued at £1,131 per sq meter (£105 per sq foot).
The average size of a house on SEYMOUR STREET is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Upper Penman Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Upper Penman Street |
Jul 2024 | Anti-social behaviour | On or near Upper Penman Street | |
Jun 2024 | Anti-social behaviour | On or near Upper Penman Street | |
Jun 2024 | Anti-social behaviour | On or near Upper Penman Street |