£63,611
This estimated value is based upon the latest sale price for the house of £60,000 on 19 Jan 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£60,000 | 19 Jan 2022 |
£60,000 | 20 May 2005 |
£50,000 | 3 Sep 2004 |
£14,000 | 16 Dec 1996 |
Leasehold |
Floor Area: 59 sq meters or 635 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 2022 the House Price Index for TYNE AND WEAR was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £60,000 results in an estimated price of approximately £63,611.
19 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £60,000 | £3,611 | £63,611 |
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 | 31.257 % | £18,754 | £78,754 |
3 Month Average | 19.425 % | £11,654 | £71,654 |
6 Month Average | 14.786 % | £8,871 | £68,871 |
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 59 sq meters or 635 sq feet when measured on 6 Jul 2019. Using an estimated price of £63,612 means this house is valued at £1,078 per sq meter (£100 per sq foot).
The average size of a house on CARDONNEL STREET is 71 sq meters (767 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Cardonnel Street |
Jul 2024 | Public order | Under investigation | On or near Cardonnel Street |
Jun 2024 | Anti-social behaviour | On or near Cardonnel Street | |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cardonnel Street |
Jun 2024 | Anti-social behaviour | On or near Cardonnel Street |